Ask Question
16 October, 08:21

Which colonies was established as a place for debtors to make a fresh start?

+5
Answers (1)
  1. 16 October, 11:03
    0
    James Oglethorpe established a colony in Georgia where debtors and the poor could make a fresh start.

    Explanation:

    Georgian founder James Oglethorpe started the colony specifically in 1732 as a debtor sanctuary, as an alternative to English prison for debtors.

    Two thirds of Europeans settling in the colonies, as indentured servants, became debtors. On their part, the colonial states of Virginia and North Carolina, desperate on workers, provided rewards for offering debt protection for five years.

    Lepore argues that the founding fathers Jefferson and Washington were so indebted to the London banks that the English Declaration of Independence represented the principles of the political Revolution as well as their own balance sheets.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which colonies was established as a place for debtors to make a fresh start? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers