SETTLING NORTH AMERICA 1497 1732
COLONIES OF FRANCE ENGLAND
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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to raise money to pay the costs of establishing a colony.
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to free English debtors from prison so they could help settle the colony
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to buy the land from King James 1 of England
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to negotiate a land purchase with the American Indians.
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Detailed explanation-1: -Why did the Virginia Company sell stock in the Jamestown colony? To raise money to pay the costs of establishing a colony. How did Jamestown colonist and the Powhatan people cooperate? Powhatan people taught the Jamestown colonist how to farm and survive.
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: -The Company had the power to appoint a Council of leaders in the colony, a Governor, and other officials. It also took the responsibility to continually provide settlers, supplies, and ships for the venture.
Detailed explanation-4: -A petition submitted to the king, calling for an investigation of conditions in the colony, led to a trial before the King’s Bench in May 1624. The court ruled against the Virginia Company, which was then dissolved, with the result that Virginia was transformed into a royal colony.