Question

An economy in which large raw material crops (e.g. cotton and tobacco) are grown and exported usually to Western Europe. The work is very labor intensive and many times involved slaves.

what is the term?

Answer 1

The term is Plantation Economy

Answer 2

Plantation Economy, is the right answer.

Step-by-step explanation:

The plantation was a term used to refer to the large farming estates suitable for the cultivation for cash crops.

The Southern colonies based themselves on agriculture (primarily on cash crops) with a massive population of slaves. Consequently, they formed the plantations, which shipped many agricultural products such as, tobacco, cotton, vegetables etc.