A plantation economy is a type of agricultural system that relies on large-scale farming of cash crops, typically grown for export rather than local consumption. These crops often include sugar, cotton, tobacco, and coffee. Plantations are usually located in tropical or subtropical regions, where the climate is suitable for these crops. The economy is heavily dependent on labor, often utilizing systems of forced or low-wage labor. In a plantation economy, land ownership is typically concentrated in the hands of a few wealthy individuals or companies, leading to significant social and economic inequalities. The reliance on a single crop can make the economy vulnerable to market fluctuations and environmental changes. Historical examples include the American South during the 19th century and the Caribbean islands during colonial times.