How did most colonies in the southern make a living

Most colonies in the south of the US had a suitable farming climate, as well as warm - hot weather, which allowed for a large range of crops to be grown, from cash crops (tobacco, cotton, etc.) to edibles. Most essentially owned pieces of lands to farm on.

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when a country suffers, for example, a drought period, the market product is affected for a low offer, in this case, potatoes; the government has to tax to the households, which have to give more money for the potatoes which they consume, that situation make them consume substitute goods even through loans, it could increase the financial market movement and the inflationary phenomena, the business has to increase salaries in order to the employees could buy a more expensive food (potatoes) and in order to inflation tha business had to buy expensive supplies in the factor market, while the rest of the world have to gain more money to consume the same amount of potatoes.