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they made money by selling tobacco.
What else can I help you with?
What was the first English colony to settle in 1607 for the purpose of economic reasons?
Debtors a group of people who owed money and settled Georgia to experience and new life and economic freedom
How were the money and the barter system used in the Virginia colony?
In the Virginia colony, the economy initially relied heavily on the barter system, where goods and services were exchanged directly without the use of money. However, as the colony developed, the introduction of currency, such as tobacco and other commodities, began to facilitate trade and simplify transactions. Tobacco became a key cash crop, serving as both a medium of exchange and a measure of wealth. Over time, the use of money helped to promote economic growth and stabilize commerce within the colony.
What crop did Jamestown grow to make money?
tobacco
How did the people of Jamestown earn money and trade?
well they get there money by working but,when they dont get money instead they trade
How did Jamestown earn the money?
When the colony first got to America, they looked for gold and silver, which eventually led them to disaster. After the first winter, they realized that looking for gold and silver wasn't the best approach to settling there. John Smith, learned from the nearby Indians that tobacco could be grown in the soil here. After a while, tobacco became one of the biggest its in Europe so the tobacco selling in the colony grew. Tobacco saved the colony from disaster. So that is what the colony made its money off of! -GOOD QUESTION, I'm sure not a lot of people know this.
What was the purpose of the Jamestown colony?
The original purpose of the Jamestown colony was to make money for the Virginia Company.
Why did the Virginia company establish the Jamestown Colony?
To make money for the company
Why was colony of Jamestown established?
To make money for the Virginia Company.
Why was the Virginia company interested in settling up the colony of Jamestown?
To make money for the company
How did the Virginia Company make money from the colony at Jamestown?
The Virginia Company made money from growing and selling tobacco.
What was the first English colony to settle in 1607 for the purpose of economic reasons?
Debtors a group of people who owed money and settled Georgia to experience and new life and economic freedom
What pulled people to immigrate to the Virginia colony?
The opportunity to make money was one of the primary motivators for the colonization of the New World. The Virginia Company of London established the Jamestown colony to make a profit for its investors.
How did the Jamestown colony make money for the Virginia Company?
they made money by selling tobacco.
What was the name of the investors who provided the money to establish Jamestown?
The Virginia Company of London established the first English settlement in the Colony of Virginia in 1607, it was originally named James Fort, and also served as the capital of the colony from 1616-1699.
Why was the Jamestown Colony established?
To make money for the Virginia Company.
How did the jamestown colony make money for the virgina company?
Growing and selling tobacco
Why Virginia established?
The London Company established Virginia when they established Jamestown in 1607 and its purpose was to make money.
