USA HISTORY

FIRST CONTACTS 28000 BCE 1821 CE

NATIVE AMERICANS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How did the Lords Proprietors make money from the colonists?
A
Headright method
B
Sales of stocks
C
Naval Stores
D
Quitrent
Explanation: 

Detailed explanation-1: -Quitrents were small annual fees paid by a landowner in colonial North Carolina to the proprietor (or granter) who had conferred the holding. Rooted in the feudal system, quitrents were more closely related to a tithe than a tax since they released the subject from any further obligation of service to the proprietor.

Detailed explanation-2: -The Lords Proprietors were the eight Englishmen to whom King Charles II granted, by the Carolina charters of 1663 and 1665, the joint ownership of a tract of land in the New World called “Carolina.” All of these men either had remained loyal to the Crown or had aided Charles’s restoration to the English throne.

Detailed explanation-3: -The elite group of settlers in Carolina, former West Indians known as the Goose Creek Men, grew increasingly frustrated with the Lords Proprietors because they meddled in politics but failed to defend the colony against Spanish and Native American attacks.

Detailed explanation-4: -In 1729, seven of the eight original Lord’s Proprietors (or their heirs) sold their interests in the colony back to the Crown. Only John Carteret, heir of George Carteret retained his interest.

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