VA Studies 6 Flashcards
What were the reasons for English colonization in America?
For wealth and power
What did the English think they would find in America?
Silver and gold
What are raw materials?
Unprocessed natural products used in manufacture
What did England hope to do with America’s raw materials?
An American settlement would furnish raw materials that could not be grown or obtained in England while opening new markets for trade.
What is an economic venture?
Something that is done to make money
Why was Jamestown founded?
As an economic venture
How was Jamestown financed?
By the stockholders of the Virginia Company of London
What was the Virginia Company of London?
The stockholders who financed Jamestown
What was the first permanent English settlement in North America?
Jamestown
What year was Jamestown founded?
1607
Where was Jamestown located when it was first established?
On a narrow peninsula surrounded on three sides by the James River
Where is Jamestown located today?
On an island in the James River
