* While the Chesapeake Bay was struggling with money they came to a conclusion that the only way they would be on par with the economy is if they had Tobacco. * Unfortunately now since slaves were getting bought my many rich families, many slurs started to arise such as the n work and many harsh more. * The Carrabin was a main source for slaves which only the high end wealthy families bought and used to work on planation for Tobacco etc. The Web of Empire and the Atlantic Slave Trade Claim- Most large Europeans started to benefit with the economy due the large demand of slaves at the time. This only led to the downfall of small business since now they wouldn’t have much inventory and as many customers to sell their goods too.
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.
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. [2] "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.
The Jamestown settlers’ motivation for coming to America was one similar to that of the Roanoke settlers. They hoped to find gold, a water route to Asia, and make money for the shareholders in England. The status of the settlers varied dramatically. About half of them were of the English gentry, while the rest were tradesmen. Subsequently, the settlement became highly dysfunctional since the English gentleman refused to do work that was necessary to the colonies survival.
The Massachusetts Bay colony and Virginia colony had an economic structure that differed in several ways. First, how the slaves were used in contrasting ways in the Massachusetts Bay and Virginia to benefit the revenue of recourses, and the differences in time of abolishment of slavery over the proceeding centuries. With the use of indentured servants in Virginia dwindling, slaves became the priority choice for labor work on plantations, toiling in fields with exhausting work and extremely high mortality rates; while on the other hand, slaves in the North and Massachusetts Bay had a much easier lifestyle consisting of house work and light farming. Secondly, because of the rocky and more or less inhospitable landscape for large scale farming in the Massachusetts Bay area, the main sources of income revolved around fishing, furs, and shipbuilding, small crop farming was viable as
An example od strong leader would be Jamestown’s governor John Smith. Thoughtful and powerful man in every sense of the word. Then other important thing is that English colonists unlike spanish didn’t want a dominion over the native Indians the British men just wanted land… English North America was a place where businessmen sought investment and ordinary men and women wanted to escape from religious persecution. All they wanted was freedom and better life.As the great leader of Jamestown said:No man will leave England to have worse life in America”
Ideologically, Britian and the Americans had different views on everything. From their government to their religion. King James liked to think he ran the English churches which the English did not like. There were little things like economical views that were causing the American colonies to separate from the British. John Hughes and Benjamin Franklin came up with the Stamp Act which many people did not like.
These two regions were also very different. Their cultures and behaviors made the two areas unique and distinctive. The New England region encompassed Massachusetts, Plymouth, Connecticut, New Haven(later became a section of Connecticut), and Rhode Island. New England was founded and built on a more religious standpoint. While the Chesapeake people longed for riches, the New Englanders sought religious freedom, particularly from the Church of England.
Han China and Imperial Rome were more advanced than any other empire because they built roads that helped the trade, and become more successful. Another similarity these classical empires shared is that they both controlled a large portion of the world because they were the most advanced. Lastly, women in Han China and Imperial Rome had no power. They weren’t allowed to make political decisions because they had no power and they were supposed to stay home and do household chores. Although the Han Dynasty and the Roman Empire were similar, they also had differences.
Jarrod Tasnady 9/20/14 Economics played a huge role in the establishment of European colonies in North America. From the beginning in settlements such as Jamestown and Plymouth went nearly extinct. They were saved by advancements in the economy. Due to agricultural discoveries farmers were able to produce a high demand in tobacco. This is what led to the establishment of not only Jamestown and Plymouth but as well as many other future settlements.