The people of Virginia couldn’t grow enough of it, but didn’t resort to slavery right away. Slaves were few in the area, only a few that were bought there from the Caribbean, where they were often used for sugar cane. With the increasing demand for tobacco, the southern colonies needed a bigger labor force. Farmers and indentured servants couldn’t keep up with the demand for tobacco. Slaves were very successful for growing sugar cane, so eventually the southern colonies called for them to be bought over.
The Colony’s only source of revenue came from selling land. But colonists soon turned toward agriculture for revenue. They discovered growing tobacco would be highly profitable. In the early 17th century, smoking tobacco became popular in Europe, giving the Virginia Colony a lucrative trade with Europeans. But big planters owned much of the plantations, with the majority of people working for them, keeping most of the wealth made from the tobacco trade with these elite planters.
The two colonies also had economic differences. The Chesapeake economy revolved around the tobacco industry, which eventually paved the way for other industries as well. Slave trade relied fully on the tobacco plantation owners
This was wonderful news considering that many of the Jamestown colonists had died or suffered miserably as their farming efforts had been relatively unsuccessful. Throughout Virginia and the greater Chesapeake, the potential cash value of tobacco soon captivated the imaginations of the colonists. They began to plant it in every available clearing, from fields to the forts and streets of Jamestown, and eventually to much of Tidewater Virginia.  "Dominating the Virginia economy after 1622, tobacco remained the staple of the Chesapeake colonies, and its phenomenal rise is one of the most remarkable aspects of our colonial history. Tobacco cultivation and exports formed an essential component of the American colonial economy during the seventeenth and eighteenth centuries.
Colonization of northern America During the colonization of North America three countries rained supreme over all the rest: Britain, Spain, and France. These three countries colonized most of North America at some Pont; this is including any colonies that split from them. France had most of the northern land on the east coast, and Spain had almost all the southern land and some of the land on the west coast, including what was under Mexican jurisdiction. Britain had most of what was between them on the east coast, and some of central North America. Single handedly they covered most of North America, and South America if you count Spain, even though they had many differences.
March 14th 2013 Constitution 1788 was ratified by the thirteen colonies, but this was only done after a great compromise that made an agreence between the larger and smaller states that gave equal power to each state in the Senate. In the lower house of Reperentivies, the number of seats was made by the population of each states. This Great comprises also dealt with the issue of slavery. Southern states wanted the black slaves to be counted as population but not be counted for taxes. The outcome was that slaves were 3/5 of a person.
To conclude, economics was the most important role in the establishment of European colonies. It was the only reason the near-extinct colonies did not actually go extinct. Most of the economic prosperity was from farming and agriculture. The early settlers would export mostly tobacco because there was a high demand for it back in England. Economics was the most important if not the only reason that the European colonies in North America were
It all started one bright sunny day in 1602 when three large ships arrived at new land… These settlers landed at Jamestown, Virginia, and the first English colony in America was founded. By 1773, the colonial population of 2.5 million people had divided into 13 colonies which each developed its own government and jealously defended its independence. Even though the colonies each
The 13 Colonies Essay One of the main reasons for the founding of the New England, Middle, and Southern colonies was for religious freedom. Other colonies such as Virginia, New Hampshire, New York, New Jersey, and the colonies were found for trading and farming economical purposes. Georgia on the other hand was found by James Oglethorpe for relief of pour English and as a buffer between Spanish Florida, The Carolinas. South Carolina was owned by wealthy Virginians and Englishmen; they owned large plantations growing rice, but they put indentured servants and slaves to work for them. On the contrast, North Carolina was owned by Virginian frontiersmen, Quakers, and German farmers who worked their own land on small farms usually growing tobacco,