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ioda
3 years ago
13

Why did New England's industries have slow growth? New England lacked the natural resources for industries. Colonies had little

money to invest in industry. New England's exports were reduced.
History
2 answers:
Sedaia [141]3 years ago
6 0

Answer:

colonies had little money to invest in industry

Explanation:

Without money to buy things needed things would slow down

arlik [135]3 years ago
3 0

The correct answer is: Colonies had little money to invest in industry.

In fact, New England took advantage of its<u> natural resources to help industries grow:</u>

  • It used its <u>rivers and streams</u> for waterpower to run machines in factories.
  • It had <u>coal and iron deposits</u> close.
  • It had <u>several ports</u> to get raw materials and ship finished goods.

Also, the shipping industry based our of New England played an important role in <u>trade between the Middle Colonies and Europe.  </u>

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