This document discusses the changing economic and political landscape in the Chesapeake colonies between 1650-1700. It notes that true prosperity began after 1650 as indentured servitude became more viable and tobacco became highly profitable. This led to rapid expansion of farming lands. However, overproduction caused a tobacco market crash in the late 1600s. Additionally, the colonial and English governments imposed new taxes and regulations. Mounting tensions over these issues and Native American attacks culminated in Bacon's Rebellion in 1676. While the rebellion was suppressed, it highlighted growing unrest among freed indentured servants and small planters. The document argues that while Bacon's Rebellion was a catalyst, the transition to slavery was likely inevitable given immigration trends and the