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Reasons for British Colonization (Defeat of the Spanish Armada (The Divine…
Reasons for British Colonization
Defeat of the Spanish Armada
The Spanish used to barricade much of the new world, but with them gone the British were free to travel to the Americas
The Spanish were the most elite fighting force, and their defeat gave the British a new sense of confidence/pride
The Divine Wind
A hurricane that devastated the entire Spanish Armada that went to invade Britain
Made the British believe that God was on their side
Enclosure Movement
The landowners closed off their lands
The subsistence tenant farmers' economy was destroyed.
Debtor prisons started to fill up
Labor Force
indentured servants
came from debtor prisons
headright system
for every person, you get 50 acres of land
Mercantalism
A country needs to export more than it imports
There was a need for colonies and their raw materials
Joint Stock Companies
Corporations where people could invest in shares of the company without actually having to go to the new world and risk everything
Spread the risk
People could retain their british citizenship
The Wool Depression
Surplus of wool from enclosure movement
wool market collapses
major players lose money
debtor prisons fill up
Laws of Primogeniture
Oldest son gets everything, so many siblings were out of work