USA HISTORY

Detailed explanation-1: -Wealthy London gentlemen would buy a share in The Virginia Company, thus giving it the capital monies to start and supply a colony, and they hoped the colony returned a profit to them. King James I granted the Virginia Company a royal charter for the colonial pursuit in 1606.

Detailed explanation-2: -The Company was permitted to run a lottery as a fundraising venture. Other attractive features of the charter allowed Virginia’s assembly to act as the colony’s legislature and also added 300 leagues of ocean to the colony’s holdings, which would include Bermuda as part of Virginia.

Detailed explanation-3: -Colonization in Virginia started in 1606 as a speculative investment by a joint stock company. The costs to transport colonists across the Atlantic Ocean, and to build what became Jamestown, was financed by individual investors who “adventured” their capital in hopes of making a profit.

Detailed explanation-4: -The colony was a private venture, financed and organized by the Virginia Company of London. King James I granted a charter to a group of investors for the establishment of the company on April 10, 1606.

Detailed explanation-5: -Answer and Explanation: The primary way the Jamestown colony made money for the Virginia Company was through the cultivation and exportation of tobacco.