Early Colonies: Success and Struggles
Explore the mixed success of early colonies in North America, including the role of joint-stock companies, charters, Jamestown, John Smith, indentured servants, the House of Burgesses, and Bacon's Rebellion. Discover the challenges and triumphs of establishing colonies through this historical journey.
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Presentation Transcript
Early Colonies Have Mixed Success Chapter 3 Section 1
Joint-Stock Company Companies backed by investors, people who put money into a project to earn profits. Each investor receives pieces of ownership of the company called shares of stock. In this way, the investors split any profits and divide any losses.
Charter A written contract issued by a government giving the holder the right to establish a colony.
Jamestown 1607- The first permanent English settlement in North America.
John Smith A soldier and adventurer took control of Jamestown when it was failing. Declared to the Colonists That He that will not work shall not eat. Smith s methods worked.
Indentured Servant Men and Women sold their labor to a person who paid their passage to the colony. After working for a number of years, they were free to farm or take up a trade.
House of Burgesses Created in 1609, became the first representative assembly in the American Colonies.
Bacons Rebellion A revolt against powerful colonial authority in Jamestown by Nathaniel Bacon and a group of landless frontier settlers that resulted in the burning of Jamestown in 1676
