Colonial economic life refers to the ways in which economic activities were conducted within the American colonies before and during the Revolutionary War. It included agriculture, trade, manufacturing, and labor systems.
Related terms
Cash Crop: A crop grown primarily for sale rather than personal use or subsistence.
Indentured Servitude: A labor system where individuals worked for a certain number of years in exchange for passage to America or other benefits.
Subsistence Farming: Farming practiced mainly to provide food for oneself or one's family rather than for sale.