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European Colonization

Daniel Miller

Daniel Miller

4 min read

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Study Guide Overview

This study guide covers the founding of Jamestown, focusing on the role of joint-stock companies in financing the venture. It explores the companies' benefits (access to capital, limited liability) and their importance in early colonial economics. The guide details Jamestown's early struggles (disease, conflict with Indigenous peoples, poor leadership) and the initial focus on gold over agriculture. Finally, it examines John Smith's leadership and his impact on the colony's survival.

Jamestown: A Deep Dive for APUSH Success 🚀

Hey there, future APUSH master! Let's break down Jamestown and make sure you're ready to ace that exam. This guide is your secret weapon for tonight's review. Let's get started!

The Genesis of Jamestown: Joint-Stock Companies

This section is crucial! Understanding joint-stock companies is key to grasping early colonial economics and motivations.

The Rise of Joint-Stock Companies 💸

  • What were they? Business organizations where investors pooled money to fund ventures. Think of it like a group of friends going in on a business together, sharing the risk and reward.

  • Why were they important? They solved the problem of funding expensive colonial expeditions. No single person had to risk everything!

    • Benefits:
      1. Access to capital: Easier to fund big projects. 💰
      2. Limited liability: Investors only risk their investment, not their entire fortune.
      3. Easy transfer of ownership: Shares can be bought and sold.
      4. Attracts talent: Stock options motivate employees.
Memory Aid

Think of Joint-stock companies as Jumping into business together! Many investors, less risk for everyone.

Jamestown: The First Permanent English Settlement

  • Chartered: 1606 by King James I. The Virginia Company of London, a joint-stock company, got the green light.

  • Goal: Profit! Colonization and Christianization were also on the agenda.

  • Location: Marshy peninsula on the James River. Great for defense, terrible for health. 🦟

    • Early Struggles:
      1. Poor planning: Not enough food or supplies.
      2. Disease and death: Contaminated water, mosquitoes, and malaria. ☠️
      3. Hostile relations: Conflicts with Indigenous peoples over land and resources.
      4. Poor leadership: Infighting and lack of cooperation.
  • Initial Issues: Colonists were more interested in finding gold than planting food. Many were adventurers who expected instant riches like the Spanish.

Key Concept

Remember: The initial focus on gold instead of agriculture was a HUGE mistake. It led to starvation and conflict.

  • Indentured Servants: Most early migrants were single young men who worked for a set period in exchange for passage. This led to a skewed sex ratio (6:1 men to women). They had few prospects for marriage after their service.

John Smith and Leadership

John Smith: The Savior of Jamestown

  • Leadership: He stepped up, traded with natives, established a government, and motivated colonists.
  • Military Discipline: Instituted a "work or don't eat"