HIST 190 Lecture Notes - Lecture 4: London Company, Indentured Servant, Puritans
Document Summary
Funded by joint stock companies, which usually fund colonies. The london (later virginia) company: invest to fund a colony in virginia, expect colony to make them wealthy. Motivation = money: england has a system primogeniture . First son inherits, 2nd or 3rd son must join the army or the church. Members of the aristocracy, 2nd or 3rd sons, servants, jewelers all went over first to jamestown. John rolfe came up with the idea of using tobacco as the basis of their economy: negatives are: it leeches nutrients from the soil, and it"s labor intensive to grow. 1619- london company creates incentives, to get people to go over to. Jamestown: land for the people/ headrights each individual gets 50 acres of land for themselves/family. Ex: family of 4= 200 acres: offer them rights all the same as englishmen, english common law will transfer overseas as well.
