<P> In the American colonies shipbuilding had an immense impact on the economy . The colonies had a comparative advantage in shipbuilding with their vast natural resources , skilled craftsmen and capital infused from the British empire . The colonies ' ability to build ships with their large timber stock flooded the economy with capital from Britain it had not previously seen . Boston , Massachusetts became the central point for the boom of shipbuilding because it was the main distribution point for most of the shipping tonnage . The shipbuilding industry needed plenty of skilled labor to support it and with America 's large forest industry many craftsmen already had skills working with wood . These skills transitioned to the shipbuilding industry . </P>
<P> In the American colonies shipbuilding had an immense impact on the economy . The colonies had a comparative advantage in shipbuilding with their vast natural resources , skilled craftsmen and capital infused from the British empire . The colonies ' ability to build ships with their large timber stock flooded the economy with capital from Britain it had not previously seen . Boston , Massachusetts became the central point for the boom of shipbuilding because it was the main distribution point for most of the shipping tonnage . The shipbuilding industry needed plenty of skilled labor to support it and with America 's large forest industry many craftsmen already had skills working with wood . These skills transitioned to the shipbuilding industry . </P>
shipbuilding was done in what area of the colonies
shipbuilding was done in what area of the colonies
Boston , Massachusetts
Boston , Massachusetts