It is not good etiquette for you to ask us to answer such a question, when it'd be better to ask it in the history section. (haha!!)
What economic realities in colonial America? It'd be better to talk about the economic realities in modern America under this recession we're in.
The main economic realities of colonial america were that people had to make what they needed. In colonial america, most were farmers, so there wasn't a lot of manufacturing, because manufacturing hadn't really been invented. Oh there were things being made like furniture and clothes, but mostly only for people living in larger towns like Boston and Phladelphia. Most everyone else would make their own stuff, much like the later pioneers traveling out to the West. People knew how to make their own soap, candles, clothes. And especially grow their own foods. There were somethings they had to buy, like heavy metal equipment of a kettle to cook in, or a hatchet and ax to chop wood with. But economic realities of colonial times is that you had to do stuff yourself, instead of today when most everything is done for you, is made for you, and you merely buy it and use it.
