VS.3 Review Card Sarah Duncan, Social Studies Specialist Portsmouth Public Schools Key Terms Stock: a share in the ownership of a company Stockholder: a person who owns stock in a company and therefore owns a part of the company. System of Government—1619 Raw Materials: something from which a product can be manufactured; animal skins, trees and sap Venture: to take on an activity Charter: written document that gives an individual or group of people certain rights Legislative: having the job of making laws Virginia General Assembly: includes a Senate and House of Delegates Agriculture: raising crops and farm animals The governor called a meeting of the Virginia Assembly. The Assembly included two (2) citizen representatives (burgesses from each of the divisions of Virginia, the Governor’s Council and the Governor. At the time, only adult men were considered citizens. The Virginia House of Burgesses was the first elected body in America giving settlers the opportunity to control their own government. Self-sustaining: to rely on oneself without assistance from another person; to not rely on another source It became the General Assembly of Virginia, which continues to this day. Importance of the VA Charters • The charters gave the Virginia Company the right to establish a settlement in North America. • The first charter of the VA Company of London established companies to begin colonies in the New World. • The charters extended English rights to the colonists. VS.3 (all)
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