2. England Economics
• Spain, Portugal, and France were hybrid
economic cultures in which capitalist enterprise
remained stopped by feudal traditions and
powerful monarchs. In comparison, England
and the Netherlands, they fully developed
capitalist societies faster, in which the
productions of land, labor, and capital were
privately owned, available for sale, and devoted
to harvesting or making goods for sale to reach
a profit. England never reached the mature
form of capitalism, but passed into that early
stage known as mercantile capitalism. During
the 16th and 17th centuries, the English and
Dutch merchant classes were forming
combinations of land, labor, and capital meant
to gather profit for further investments and
production.
3. England Emigration
• Emigration from England to the Chesapeake
doubled from about 6k per decade during the
1630’s. The Chesapeake colonial population
grew from 13k in 1650 to 41k in 1670. The
Colonist shipped about 3 million pounds of
tobacco. The growth in production and
productivity contributed to cheaper prices for
tobacco, opening a larger market in England.
In the 17th century, the English developed 2
types of colonial governments; royal and
proprietary. Until the 18th century, royal
colonies belonged to the crown, and the
proprietary colonies belonged to private
interests. There were times when there was
confusion on who ruled England. There was
aristocracy and gentry combined noble birth,
a classical education, refined manners,
extensive lands, and conspicuous wealth.
