Another reason the Middle Colonies grew quickly was that of the fertile land and industry. Most colonists were farmers, who cleared large acres of land by hand to grow crops. Here in New York, you can find a soil very different from the barren lands of New England. NEW YORK COLONY began as the Dutch trading outpost of New Netherland in 1614. NEW YORK COLONY. New York was originally established as a fur trading post. The English captured the colony in 1664, though a complete ousting of Dutch rule did not occur until 10 November 1674. The fur trading industry is a huge part of the economy in the Colony of New York. Economic History. New York was one of the three colonies that saw the most fighting during the War. The various modes of transportation gave New Yorkers great access to markets for their products and the natural resources of the State. English and Dutch colonists were allowed some freedoms that they would not have had in the old world (like religious tolerance) but were still primarily under the monarch's rule. New York served as the major … The Erie Canal and New York City played the central role in that development and helped make New York the Empire State. The New York Colony: New York Colony Colonial Culture Slavery Native Relations Demographics ... Economy. On 4 May 1626, officials of the Dutch West India Company in New Netherland founded New Amsterdam, which subsequently became New York City. The government was successful, but citizens often did not like or agree with it. Agriculture became a lucrative business due to the fertility of the land in the region. New York - New York - Revolution, statehood, and growth: New York contains many of the battlegrounds of the American Revolution. The war in New York took on many of the characteristics of a civil war, since the area probably had a higher proportion of residents who were loyal to the crown than did any other colony. The colonists traded with the Iroquois Confederation and other local tribes. https://newyorkcolonyhistory.blogspot.com/p/politics-and-government.html Tobacco was the colony's major cash crop. The New York colony was ruled over by a governor chosen by the King of England. With more land needed for cultivation, the number of plantations expanded in the South and moved west into new territory. Another big industry in our colony is fur trade. These economic benefits stood in contrast to the New England colonies, where harsher winters led to slower growing seasons, which translated into less overall crops. Farming is a big part of New York's industry because it produces a lot of profits. The colony's primary source of income was the fur trade. New York, Delaware, Pennsylvania, and New Jersey shared the attributes of New England and the Southern Colonies. The New York Colony farms a lot of wheat which is exported to England. Economy. Economy and Agriculture. In fact, the Battles of Fort Ticonderoga on May 10, 1775, and the Battle of Saratoga on October 7, 1777, were both fought in New York. Since the founding of colonial New Netherlands in the 17th century, New York has led the economic development of the United States. Extensive agriculture gave New York colony the nickname ‘breadbasket colony.’ The colony also had a higher commercial significance compared to other British colonies in America. While New England had some fertile land along the rivers its main sources for commerce was fishing and timber. Most of the trading was done through the Dutch West Indies company since the company held a monopoly on the colony's fur trade. The New York colony's greatest benefit from its fertile land was the export of flour, which was … Colonists made their living in a variety of ways: fur, lumber trading, shipping, the slave trade, and as merchants and tradesman in the colony's towns. The great valleys of the Hudson and the Mohawk are exceedingly fertile, and in this colony the majority of the people are tillers of the soil.