The trade boom made Virginia one of the trade powerhouses in England, and it developed as one of the most valuable assets in America’s economy. However, Jamestown didn’t have such a great start. When Jamestown was founded in 1607, life in Jamestown was described as “bleak and miserable...full of disaster….disease….[and] starvation”. Only about sixty out of Jamestown’s five hundred settlers Needless to say, life in Jamestown wasn’t that magnificent. Compared to the Spanish settlements, the Jamestown settlements had to take their own economy into their own hands by growing/trading crops (while the Spanish settlements had the Catholic Church manage the encomienda system for them). These differing methods represented the overall cash flow and trade of goods in these two settlements, dictating the state of their
The trade boom made Virginia one of the trade powerhouses in England, and it developed as one of the most valuable assets in America’s economy. However, Jamestown didn’t have such a great start. When Jamestown was founded in 1607, life in Jamestown was described as “bleak and miserable...full of disaster….disease….[and] starvation”. Only about sixty out of Jamestown’s five hundred settlers Needless to say, life in Jamestown wasn’t that magnificent. Compared to the Spanish settlements, the Jamestown settlements had to take their own economy into their own hands by growing/trading crops (while the Spanish settlements had the Catholic Church manage the encomienda system for them). These differing methods represented the overall cash flow and trade of goods in these two settlements, dictating the state of their