Why was money scarce when crops produced good profit?

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2026-03-05 20:40

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Although a profitable surplus of products was maintained, money was as scarce in the colonies as it was in England. Whenever gold or silver was earned from exported products, it had to be sent to England to pay debts or to import needed goods. The colonists, therefore, usually bartered products or services for the things they could not produce themselves.

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