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When Jamestown was founded did the demand for tobacco in England increase or decrease?
Jamestown was founded in 1607 with 104 men sent to make a profit for the investors who sent them. Tobacco didn't show up until John Rolfe introduced it to the colony in 1610. Without tobacco the colony would have probably failed, but tobacco saved it because demand was so high. Not only was it used as snuff, being smoked, and with pipes but Jamestown used it as currency. It was grown in any space that could be found including the streets.
How does saving help the US economy?
1) expansion of the economy requires capital; money in saving is used for expansion.2) money saved is also money invested in the economy.3) banks use moneyin savings to make loans to businesspeople.4) buisnesses that save are able to reinvest in themselves.
Why was JP Morgan a captain of industry?
J.P.morgan was a captain of industry because he saved the U.S. economy twice and made companies he bought double or triple money made
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.
Who said slavery hurt the economy?
Is this a question of who said this? im confused is this a statement. Common sense would say no it didnt because there was no compensation for all the work slaves performed, if anything money was being saved and spent of things people wanted, due to not paying for labour.
What colony were John Rolfe and John Smith associated with?
John Rolfe and John Smith were associated with the Colony of Virginia. They are also known for their relations with Pocahontas; she may have saved Smith's life and Rolfe eventually married her.
Englands first colony at Jamestown?
was saved from failure by john smith's leadership and by john rolfe's introduction of tobacco
How was Jamestown saved from economic ruin?
John Rolfe introduced the plant called "tobbaco."
What plant saved the Virginia colony?
Tobacco
The Jamestown settlers made a profit for their investors by raising what?
When John Rolfe brought tobacco to Jamestown it saved the colony.
What saved the Virginia colony from an Indian attack?
the James town people and there whales in the ocean and there pet dinsours and fishes
Why do people remember Pocahontas?
because she was the princess of Powhaton married John Rolfe saved John Smiths life because she was the princess of Powhaton married John Rolfe saved John Smiths life because she was the princess of Powhaton married John Rolfe saved John Smiths life because she was the princess of Powhaton married John Rolfe saved John Smiths life because she was the princess of Powhaton married John Rolfe saved John Smiths life
Who in the Virginia colony discovered the crop that saved Virginia?
John Rolfe brought some tobacco seeds from the west Indies to Jamestown that's right i' a social studies teacher
Why did Jamestown settlers change their minds on giving up on Jamestown?
They almost did. Within 6 months after landing 34 men were still alive from the 106 that landed. There was never suppose to be a "colony", but the men were sent to find gold for a group of investors. The ship landed in the worse place in the whole area and among a Native American kingdom of 15,000 people. The only thing that saved the colony was tobacco. John Rolfe introduced the plant to the area and saved it.
Virginia leader saved by Pocahontas and the prominent settler who married her?
John Rolfe
What did Rolfe Develop that saved and changed life in Jamestown?
High-Grade Tabacco
Who was Pocahontas married to?
Pocahontas was married to John Rolfe, NOT John Smith, whom she saved.
