Rolfe is credited with introducing tobacco as a crop for export, which ensured the colony of profits as well as bringing eight years of peace between Indians and colonists through his marriage to Pocahontas. Smith is credited with organizing trade with the Powhatan Confederacy and leading the colony through its roughest years.Įnglish colonist and farmer who greatly aided the colony. As a member of the governing council of Virginia he was chosen to replace the previous president in 1608. The starving time usually cost a large percentage of the settlers lives and lasted for the first few yearsĬolonial leader who brought structure and stability to Jamestown during its starting years. The period early in any settlements development when food and supplies are scarce due to lack of preparation, unfamiliarity with the surroundings, weather, and inability to successfully grow crops. Jamestown grew to be a prosperous shipping port when John Rolfe introduced tobacco as a major export and cash crop. The population remained low due to lack of supplies until agriculture was solidly established. The settlement became part of the Virginia Company of London in 1620. Harsh conditions nearly destroyed the colony but in 1610 supplies arrived with a new wave of settlers. The first successful settlement in the Virginia colony founded in May, 1607.

Such companies organized and supported the colonies through charters from the British government and while they worked with the government they made private profits.

Examples operated in England and dealt with colonial markets in America. Jamestown, became a prosperous shipping and tobacco producing colony and the colony developed the House of Burgesses, a bicameral legislature in 1619.Ī business owned by investors through control of stocks. One of the New England colonies and chartered by James I in 1606, Virginia was founded to give the English territorial claims to America as well as to offer a colonial market for trade.

Joint stock corporation apush