The Carolina Colony was established in the 17th century as a British colony in North America. It was originally part of the larger Province of Carolina, which was granted to eight Lords Proprietor in 1663. The colony was divided into two regions: North Carolina and South Carolina, each developing distinct economies and cultures. North Carolina focused on small-scale farming and timber, while South Carolina became known for its lucrative rice and indigo plantations, relying heavily on enslaved labor. The colony played a significant role in the early development of the southern United States and contributed to the region's agricultural economy.