Jamestown unit Flashcards
What is a charter?
An official document that gives a person or company permission to do something (such as settle in an area)
What is a colony?
A settlement ruled by another country
What does establish mean?
To set up, make, or create
What is an economic venture?
A task thats purpose is to make money (money=economics!)
What is wealth?
Money, riches
What are raw materials?
Any resource that can be used to make a product (wood, wool, furs, spices)
What does finance mean?
To pay for
What are stockholders?
People who own a share (part) of a company
What is self-sustaining agriculture?
Growing enough food to eat and support yourself so you don’t starve
Why did England want to establish an American colony?
To increase her wealth and power
What two things did England HOPE to find in America?
Gold and silver
What two things could an American settlement provide for England? (other than money)
Raw materials
Open new markets for trade
Jamestown was primarily (mainly) an ______ _______.
economic venture
Who financed the settlement of Jamestown?
The Stockholders of the Virginia Company of London
In what year did Jamestown become the first permanent English settlement?
1607