Which of the following statements best characterizes the economy of the Chesapeake?
A) In the Chesapeake, cotton was king.
B) It was known as "the best poor man's country."
C) Families were the backbone of the economic structure.
D) Farmers in the Chesapeake remained tied to tobacco and failed to diversify.
E) Thanks to immigration, the Chesapeake developed into a diverse and highly complicated economy.

Question

Quizplus · Accepted Answer

Farmers in the Chesapeake remained tied to tobacco and failed to diversify. The Chesapeake region was heavily reliant on tobacco as a cash crop, and it dominated the region's economy. This one-crop economy proved to be unstable and unsustainable over time, with soil degradation and depressed prices leading to economic hardship for many farmers. Despite this, many farmers remained tied to tobacco and failed to diversify their agricultural practices.

Which of the Following Statements Best Characterizes the Economy of the Chesapeake