What characterized North Carolina's economy in its early days?

Study for the AMSCO AP United States History Exam – Period 2. Explore multiple choice questions with hints and explanations. Prepare for your AP exam and boost your confidence!

The early economy of North Carolina was primarily characterized by self-sufficient tobacco farms. Tobacco became a significant cash crop for the region, particularly due to the favorable climate and soil conditions that allowed for its cultivation. Farmers in North Carolina often operated small, family-run farms that not only produced tobacco for cash but also grew food staples for their own consumption, leading to a largely self-sufficient agricultural economy.

In contrast, large-scale rice plantations were more characteristic of South Carolina, and trading furs was more prevalent in regions with Native American populations and less agricultural development. While mining for gold did occur in North Carolina, it was not the primary economic activity in the colony during its early days. Therefore, the emphasis on self-sufficiency and tobacco cultivation is a key aspect that defines North Carolina's economy in its formative years, aligning well with the details of the answer.

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