Plantation economy

Definition of Plantation economy

Plantation economy, a branch of economy that depends on the agricultural mass production as a few staples production grown on the large farms is called plantations. A Plantation economy is run by the export of cash crops as a medium of transaction. The plantation crops are cotton, sugarcane, rubber, tobacco, figs, kapok, rice, sisal etc.

Books on Plantation economy

Book 1 –

American Sugar Kingdom: The Plantation Economy of the Spanish Caribbean By César J. Ayala (published by Univ of North Carolina Press, 1999)

Book 2 –

The life of a slave in the cotton plantation economy of North America By Julia Schönmann (published by GRIN Verlag, 2014)

How Plantation economy works?

In the north American colonies that have good soil quality and almost all year round growing seasons ideal for crops like rice and tobacco. Transportation system is become easier because of the existence of the waterways in the region.

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