When compared to early and rapid success for the spanish, the english were slow to get their colonies into a profitable state. identify the reasons why jamestown was unsuccessful in the first five years.

Jamestown was unsuccessful compared to the early settlement of the Spanish Empire in Central America. Settlers in the colony affected with diseases like typhoid, malaria, and dysentery, along with famine which resulted in death and illness among them. They also faced the harsh climate with hostile Indians, which sometimes resulted in violent encounters. Also, because they were engaged in finding gold as they heard the Spanish did easily. English colonists were too focused on finding gold than giving much attention to growing crops.

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answer: capitalism and socialism are formal economies. the major differences between capitalism and socialism revolve around the role of the government and equality of economics. capitalism affords economic freedom, consumer choice, and economic growth.

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