an adequate difference by stating the “Chesapeake region was known for tobacco plantations, introduced by John Rolfe,” whereas “New England colonies established towns where their economy was based on farming, fishing, hunting and trading.” Although New England and the Chesapeake region were both settled largely by people of English origin, by 1700 the regions had evolved into two distinct societies
The Monroe Doctrine was successful in keeping the United states out of European affairs because after it was issued there was a decrease in foreign conflict for nearly 100 years until WWI.
The joint-stock company was the forerunner of the modern corporation. In a JOINT-STOCK VENTURE, stock was sold to high net-worth investors who provided CAPITAL and had limited RISK. These companies had proven profitable in the past with trading ventures. The risk was small, and the returns were fairly quick.
