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Published byClara Jenkins Modified over 9 years ago
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Joint-Stock Company Is it worth the risk?
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Bowers CEO Virginia Company You are merchants who want to make more moneyYou are merchants who want to make more money Do you want to invest in my company and finance colonial settlements? Do you want to invest in my company and finance colonial settlements? You have $10 & I need your helpYou have $10 & I need your help Do you invest $5, $10, or none?Do you invest $5, $10, or none? Write your investment on the top of your paperWrite your investment on the top of your paper
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Due to problems, the value of each share has dropped 50%Due to problems, the value of each share has dropped 50% Divide your stock by 2Divide your stock by 2 You can buy stock at half price $2.50 or $5.00You can buy stock at half price $2.50 or $5.00 May never get money back if the colony continues to fail, but if gold is found, the stocks will be worth much moreMay never get money back if the colony continues to fail, but if gold is found, the stocks will be worth much more What do you do?What do you do? Add stocks if you bought moreAdd stocks if you bought more
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JACKPOT Jamestown flourishes with the discovery of tobacco Jamestown flourishes with the discovery of tobacco Stocks are now worth 10 times what you bought them for!! Stocks are now worth 10 times what you bought them for!! Congratulations investors. High risk can yield high rewards! Congratulations investors. High risk can yield high rewards!
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Review of Jamestown (Virginia) 1607 First permanent English Settlement in North America Created by Virginia Company of London Joint Stock Company Joint Stock Company profit for investorsCreated colony to make profit for investors Many hardships John Rolfe’s tobacco wealth John Rolfe’s tobacco plant created wealth PocahontasMarried Pocahontas Helped build NA & colonial relationships Helped build NA & colonial relationships House of Burgesses in 1619Created House of Burgesses in 1619 First representative body in American First representative body in American colonies John Smith “He who will not work, shall not eat”
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Tips for Writing Avoid using 1 st person in historical writing Avoid using 1 st person in historical writing State what you believe with confidence State what you believe with confidence Refrain from “I think”, “I believe”, or “maybe” Refrain from “I think”, “I believe”, or “maybe”
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Quickwrite #3 Colonists died in early Jamestown primarily due to ….Colonists died in early Jamestown primarily due to ….
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