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The economic history of the United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP .
In the French colonial regions, the focus of the economy was on sugar plantations in the French West Indies. In Canada the fur trade with the natives was important. About 16,000 French men and women became colonizers.
Postcolonialism (also post-colonial theory) is the critical academic study of the cultural, political and economic consequences of colonialism and imperialism, focusing on the impact of human control and exploitation of colonized people and their lands.
A factory entrepôt, a basic example of colonialism illustrating its different elements, hierarchies and impact on the land and people (the Dutch V.O.C. factory in Hugli-Chuchura, Bengal, in 1665) Colonialism is the advancement of control over and exploitation of land and people by separation, through another and often foreign group.
It was a wave of religious enthusiasm among Protestants that swept the colonies in the 1730s and 1740s, leaving a permanent impact on American religion. Jonathan Edwards was a key leader and a powerful intellectual in colonial America. George Whitefield came over from England and made many converts.
The economic historian David Kenneth Fieldhouse has taken a kind of middle position, arguing that the effects of colonialism were actually limited and their main weakness was not in deliberate underdevelopment but in what it failed to do. [131]
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Just 10 days ago, anxious markets were freaking out about the US economy ...
The main prewar agricultural products of the Confederate States were cotton, tobacco, and sugarcane, with hogs, cattle, grain and vegetable plots. Pre-war agricultural production estimated for the Southern states is as follows (Union states in parentheses for comparison): 1.7 million horses (3.4 million), 800,000 mules (100,000), 2.7 million dairy cows (5 million), 5 million sheep (14 million ...