Jamestown Essay -- essays research papers

JamestownIn the sixteenth century, Eng take down was one of the most powerful countries in the world. England was also in dire need of gold at this time. In an effort to alleviate the countrys financial burdens, King Henry VIII decided to seize land owned by the Catholic Church. Henry then sold the already inhabited land to investors, and its residents were forced out. These people and their descendants would eventually become some of the fortune-seeking colonists that would settle the States during Englands try at Imperialism. In the early 1600s England need money once again, and this time it decided to by settling the new land to the west of them. Instead of actually funding these colonial expeditions, England would issue charters to joint tune companies. These companies consisted of wealthy English investors who would all give some money to finance the trips and would share in the riches if they succeeded or lost their money of they failed. Most of the time the benefits of the ir investments would outweigh the risks. For England, this was a win-win situation. Since England did not pay for the voyages or the colonies themselves, England wouldnt set down the money if they failed. If the companies succeeded, England was entitled to a percentage of the profits and became its ultimate authority. Englands first colony was established in 1607 by a joint stock company, and was named Jamesto...