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King James made peace with the Spanish and ended privateering (pirating) and this shifted the focus to colonozation to build wealth.
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Jamestown was the first permanent English settlement in the New World. This was a for profit establishment funded by investors seeking a return, however, it was populated with gentlemen not suited to the labor necessary to produce crops and survive
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Port Royal was established by the French in Arcadia, present day canada. This helped establish the fur trade up and down the eastern coast
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The dutch commissioned Henry Hudson to find the Northwest Passage, however, he failed but would establish New York
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Spanish establish Santa Fe but few settlers move due to the distance from Mexico City
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Tobacco was first shipped to england in 1617, and it was the first crop that generated enough demand to make the colony profitable. This would be hailed as the savior of the colonies
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Peter Minuit purchases land from the Munsee indians to establish Manhattan. It has been suggested that even though his intentions were honarable, he purchased the land undervalued and from the wrong indians.
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The first slaves were brought to New York in 1626 in response to the Patroon system failing to attract the necessary labor to survive.