Practice Quiz

CLEP US History I

Category - Economy

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The New England colonies' economy was largely based upon which of the following industries?
  1. Livestock
  2. Shipbuilding
  3. The fur trade
  4. Banking
  5. Cash crops
Explanation
Answer: B - Shipbuilding was an important industry in New England. Because of the cold temperatures and rocky terrain, the land was not good for farming. However, an abundance of forests and proximity to the sea made the New England colonies ideal for many aspects of the shipping industry, including building the ships themselves. Fishing and whaling were also important.
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