Search results
Results from the WOW.Com Content Network
The local economy in the Balls and southern colonies was characterized by the headright, the right to receive 50 acres (200,000 m 2) of land for any immigrant who settled in Virginia or paid for the transportation of an immigrant who settled in Virginia (51.342 acres (207,770 m 2) per head).
From 1,800 persons in 1782, the total population of free blacks in Virginia increased to 12,766 (4.3 percent of blacks) in 1790, and to 30,570 in 1810; the percentage change was from free blacks' comprising less than one percent of the total black population in Virginia, to 7.2 percent by 1810, even as the overall population increased. [105]
By the late 17th century, Virginia's export economy was largely based on tobacco, and new, richer settlers came in to take up large portions of land, build large plantations and import indentured servants and slaves. In 1676, Bacon's Rebellion occurred, but was suppressed by royal officials.
Conditions in the South were much worse than in the East, and the Cotton Belt was dealt the worst blow. In Virginia, North Carolina, and South Carolina the panic caused an increase in the interest of diversifying crops. New Orleans felt a general depression in business, and its money market stayed in bad condition throughout 1843.
This was the opposite of Europe and attracted immigrants despite the high death rate caused by New World diseases. From 1700 to 1774, the output of the thirteen colonies increased 12-fold, giving the colonies an economy about 30% the size of Britain's at the time of independence. [5]: x-1
The history of Richmond, Virginia, as a modern city, dates to the early 17th century, and is crucial to the development of the colony of Virginia, the American Revolutionary War, and the Civil War. After Reconstruction, Richmond's location at the falls of the James River helped it develop a diversified economy and become a land transportation hub.
[2] [3] [4] During this period the nation was transformed from an agricultural economy to the foremost industrial power in the world, with more than a third of the global industrial output. This can be illustrated by the index of total industrial production, which increased from 4.29 in 1790 to 1,975.00 in 1913, an increase of 460 times (base ...
An 1851 portrait of Patrick Henry's speech on the Virginia Resolves. The history of Virginia in the American Revolution begins with the role the Colony of Virginia played in early dissent against the British government and culminates with the defeat of General Cornwallis by the allied forces at the Siege of Yorktown in 1781, an event that signaled the effective military end to the conflict.