Definition: This colonial region included New Jersey, Pennsylvania, New York and Delaware and was notable for wheat and grain production and shipbuilding.

The correct answer is: Mid-Atlantic Colonies.

The Mid-Atlantic colonies, also known as the Breadbasket colonies, were very well-known for shipbuilding. Due to the favorable weather and perfect area, Mid-Atlantic could make good money through agriculture by producing wheat and a great variety of grains.

This is the definition of Middle Colonies which were funded by many countries such as Netherlands, England, and Sweden among others. For example, New York was name as such by King James II in 1664, but originally funded by the Dutches in 1626 as New Netherlands. The Middle Colonies were important as they provided cheap rough material, especially for England who wanted to have the monopoly of trade in the zone. Religious toleration was also an important issue due to the cultural diversity present in these American colonies.