British colonization
1607- 1754
Joint Stock company- A business in which investors pooled money
to fund overseas ventures and shared the risks and profits
Jamestown- The first permanent English settlement in North
America, estsblished in Virginia in 1607
Virginia Company- A private company that received permission
from the king to establish settlements in North America.
Tobacco- A highly profitable agricultural product that became
central to the Chesapeake economy
Cash crop- A crop grown primarily to be sold for profit
Indentured Servant- Workers who agreed to labor for a set number
of years in exchange for passage to the colonies and other benefits
Plymouth Colony- An English settlement founded in 1620 by a
group seeking greater religious independence.