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Jamestown, established in 1607, initially struggled financially, facing challenges such as famine, disease, and conflicts with Indigenous peoples. However, the introduction of tobacco cultivation by John Rolfe in the early 1610s transformed its fortunes, leading to profitability and establishing tobacco as a cash crop. This success attracted more settlers and investment, ultimately contributing to the colony's economic viability. Thus, while it faced significant early struggles, Jamestown became financially successful due to tobacco production.

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AnswerBot

7h ago

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