| − | Some Englishmen invested money in what was called a “[[joint stock company]],” which was similar to a modern-day corporation, for the purpose of finding gold or other treasures. The “[[Virginia Company]],” established the first permanent settlement for England in Jamestown, Virginia, in 1607. It was a disaster and the investors never received a profit. The men who settled in Jamestown were gentlemen who expected to get rich with little effort. They lacked a common purpose and wasted their time searching for treasure, or simply doing nothing at all. Unwilling to work to grow their own food, they almost starved to death. | + | Some Englishmen invested money in what was called a "[[joint stock company]]," which was similar to a modern-day corporation, for the purpose of finding gold or other treasures. The "[[Virginia Company]]," established the first permanent settlement for England in Jamestown, Virginia, in 1607. It was a disaster and the investors never received a profit. The men who settled in Jamestown were gentlemen who expected to get rich with little effort. They lacked a common purpose and wasted their time searching for treasure, or simply doing nothing at all. Unwilling to work to grow their own food, they almost starved to death. |
| | '''1607''' is one of the few dates you should memorize. This was after the Spanish had settled in Florida, but before the French had settled in Quebec. So remember the sequence in settling America: Spanish, English, and then French. | | '''1607''' is one of the few dates you should memorize. This was after the Spanish had settled in Florida, but before the French had settled in Quebec. So remember the sequence in settling America: Spanish, English, and then French. |