The disadvantages of an economy based on one or two cash crops is that if those crops fail, the economy fails. Most countries and areas have quite a few crops they grow which leads to a more stable economy.
Crops that were an important part of the economy in the Southern Colonies were tabacco, rice, and indigo.
It took capitalist attention away from southern economy
Cotton and tobacco.
It was based on cash crop farming.=] =) ;)
Cash crops significantly impacted the economy of Latin America by driving export-oriented agricultural production, which facilitated integration into global markets. The cultivation of crops like sugar, coffee, and tobacco generated substantial revenue for landowners and governments, but often at the expense of local food production and social equity. This reliance on cash crops also made the economy vulnerable to fluctuations in global commodity prices. Ultimately, the focus on cash crops shaped land use, labor systems, and economic structures in the region.
Cash crops grown on plantation
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Cash crops
Crops that were an important part of the economy in the Southern Colonies were tabacco, rice, and indigo.
It took capitalist attention away from southern economy
Cotton and tobacco.
The South was a cash crop economy of cotton and tobacco.
It was the best way to grow large cash crops.
It was based on cash crop farming.=] =) ;)
The South was more agricultural, whereas the North had more factories and heavy industry.
they planted and harvested cash crops in the rocky soil
Mainly Agriculture, Manufacturing and some trade.