Thursday, October 2, 2008

Economics

The presence of wealth in Rhode Island is due mainly to molasses and rum production.  The abundance of molasses in Rhode Island makes rum production cheap and easy.  In this way, exporting molasses and rum boosts the economic wealth of the citizens and government. 

The wealthy group of landowners in Rhode Island, called the Narragansett Farmers, make most of their money producing livestock and dairy products.  The average Narragansett Farmer owns around 80 cattle and about 400 sheep, allowing for mass production of dairy products.  These products are then sold in general stores to the townspeople.

Also, smaller farms produce corn and rye for both local and transatlantic, profitable sales.

These major products also allow for job creation, boosting the local economy.  Therefore, finding a job in Rhode Island is anything but difficult. All types of people make money off of these lucrative products; for example- middle men and merchant jobs are abundant for the single man.

 

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