1. The New World
In the New World, three types of colonies were founded. They consisted of: Joint-Stock colonies, Proprietary colonies, and Royal colonies. Joint-Stock colonies were founded when a group of investors received a grant of land or charter from the King to establish a colony where the investors would divide the profits from the tobacco and other products extracted from the colony. Jamestown and Massachusetts Bay are examples ... colonists. Good examples of this type of colony are Maryland and Pennsylvania. People like Lord Baltimore, and William Penn were responsible for the founding of these colo...
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