What are the Economic characteristics of the New England, Chesapeake, Middle, and Southern colonies? Explain each one separately please :)

Economics in the colonies: Both the Chesapeake and Southern colonies had rich soil and temperate climates which made large-scale plantation farming possible. Both regions had an agriculture-based economy in which cash crops like tobacco, indigo, and cotton were cultivated for trade.

john maynard keynes developed new economic theories in response to the stock market crash of 1929. great depression of the 1930s. first and second world wars. economic boom of the 1950s.

answer-the island had airfields that the u.s. military needed.