Which factors led to a strong mart time industry and new england

Maritime Businesses have long been the traditional bedrock of the New England economy for the simple reason that New England is located at the juxtaposition of trading routes and ample forests of lumber.

As a result, New England states could readily build, outfit, and repair ships and send them out either to the Caribbean or to Europe.

living during the great depression had a major affect on the mentality many people. a good portion of people who lived during that time do not trust banks. this is likely the result of the many widespread bank failures in the 30s that caused people to lose their life savings.