Regional economies refer to the different economic systems and activities that existed in various regions during colonial times. These economies were shaped by factors such as geography, climate, available resources, and labor practices.
Related terms
Agriculture: The practice of cultivating crops or raising livestock for human use. Agricultural practices varied across regions depending on factors like soil fertility and climate.
Mercantilism: An economic theory prevalent during colonial times that advocated for a country's wealth through trade, colonization, and the accumulation of precious metals.
Triangular Trade: A system of trade between Europe, Africa, and the Americas during colonial times involving the exchange of goods, slaves, and raw materials.