Were the Middle Colonies founded for profit?
The Middle colonies, like Delaware, New York, and New Jersey, were founded as trade centers, while Pennsylvania was founded as a safe haven for Quakers. The Middle colonies were also called the “Breadbasket colonies” because of their fertile soil, ideal for farming.
How did Southern colonies make money?
The Southern Colonies had an agricultural economy. Most colonists lived on small family farms, but some owned large plantations that produced cash crops such as tobacco and rice. Many slaves worked on plantations.
Was the Middle Colonies rich?
The Middle Colonies, specifically New York and Pennsylvania, were similar to New England in that they had commercial communities with diverse economies and a broad range of incomes and wealth and a large number of farming communities with a higher degree of property ownership.