Economy
Most colonists living in New York were farmers. These farmers cleared farmland by hand to grow crops. Corn was the most popular crop since it could be consumed by both people and animals alike. Wheat, vegetables and tobacco where also popular crops. Some colonists took to mining iron to send to England.
Not all people were farmers. Some people did fur trapping, lumber trading, shipping, the slave trade, and merchants. Some other jobswhere banker, postmaster general, supplier and gunsmith.
Not all people were farmers. Some people did fur trapping, lumber trading, shipping, the slave trade, and merchants. Some other jobswhere banker, postmaster general, supplier and gunsmith.
Money
There were three general types of money in the colonies of British America: commodity money, specie (coins), and paper money. As in Great Britain, cash in the colonies was denominated in pounds, shillings, and pence. The value varied from colony to colony; a Massachusetts pound, for example, was not equivalent to a Pennsylvania pound. The prevalence of the Spanish dollar in the colonies led to the money of the United States being denominated in dollars rather than pounds.
