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Unformatted text preview: looked down upon. 1760: Philadelphia 20,000 people, 1 of 4 cities (95% of the population was rural and lived in a farm) Boston 16,000 New York 15,000 Charleston 10,000 3 regions 1) cities 2) commercial farms 3) subsistence farms Industries: Ship building; rum distilling; fishing; iron Commercial farms 1) Connecticut River Valley (only really good place in New England that is good for farming) 2) Hudson River Valley 3) Delaware River Valley 4) Chesapeake Bay 5) Tidewater SC-GA Subsistence farms New England; Piedmont; North Caroline Land bank currency Fiat currency (good system if not abused) Currency Acts 1751, 1764 (Virginians were up to their eyeballs in debt) They printed up money to cover their debt and their debtors didnt like it at all. They had parliaments ear so it banned printing of any currency without parliaments consent. Slavery: The Middle Passage...
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- Fall '08