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The plantations and farms of Virginia and the Southern colonies were the foundation of the economy of the New World. The colonies grew crops for export. As plantations grew the settlers needed more labor to work them. This was supplied by slaves from Africa.
The Age of Exploration was the 15th-17th century where the European ships travel to different parts of the word to search for new trading route, wealth and knowledge.
People will want to shop more and get more of the product if it's a lower price.