3 ene 1607 año - Jamestown colony est.

Descripción:

- Jamestown, VA, is established as a CORPORATE colony after King James grands charter for the colonization of VA
- Virginia company incorporates and invests in the colony

JOINT-STOCK COMPANIES
-Private trading companies sell shares to investors to provide money for exploration. Investors paid based on expedition profits.

TYPES OF ENGLISH COLONIES
- Charter: each person is a member of the corporation, the colony controls govt. through rules stated in charter
- Royal: governor, chosen by King, rules over colony and chooses lower officers
- Proprietary - owned by individual w. direct responsibility to King, proprietor selects governor

MERCANTILISM
- World's wealth was limited: one country's gain = another's loss
- Goal for each nation was to export more than import
- Colonies provide mother country w/ raw materials, buy country's finished products --> differing wants/goals between mother country and colony develop

EARLY COLONIES
- Established for profits NOT for settlement
- Few women and families moved to early American colonies -- mostly young single men