Question

How did the economy in colonial and early American reflect a market economy?

Answer 1

economy. The colonial economy of what would become the United States was pre-industrial, primarily characterized by subsistence farming. Farm households also were engaged in handicraft production, mostly for home consumption, but with some goods sold, mainly gold. Yea

Answer 2

Because the colonial economy of early America was pre-industrial which was mainly characterized by subsistence farming. There were also farmhouses engaged in handcraft produce, mainly from home consummation. They also sold some goods (mainly gold)