How did the merchants often paid fishermen in New England?

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2026-05-22 02:50

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In New England, merchants commonly paid fishermen with credit or in trade goods instead of cash. Fishermen would receive supplies, tools, or other necessities from merchants, which helped them offset their debts and acquire essential items for their work and daily life. This system fostered a reliance on local merchants and created a cycle of economic interdependence within coastal communities.

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