Name/Term | Identify | Significance | Chesapeake Cash Crops (tobacco-rice-indigo) | Began to hold strong European demand, esp. tobacco, and this way planters began to grow enormously wealthy. The overproduction was never understood by planters in Chesapeake. | | Saugus Iron Works | 1640s: 1st effort to est. a significant metals industry in colonies in Massachusetts. Used water power, it was a great tech. success but a financial failure. It was forced to close in 1668. | | Peter Hasenclever | German ironmaster: created largest industrial
Name/Term | Identify | Significance | Chesapeake Cash Crops (tobacco-rice-indigo) | Began to hold strong European demand, esp. tobacco, and this way planters began to grow enormously wealthy. The overproduction was never understood by planters in Chesapeake. | | Saugus Iron Works | 1640s: 1st effort to est. a significant metals industry in colonies in Massachusetts. Used water power, it was a great tech. success but a financial failure. It was forced to close in 1668. | | Peter Hasenclever | German ironmaster: created largest industrial