USA HISTORY

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.

Detailed explanation-2: -The biggest trade breakthrough resulted after adventurer and colonist John Rolfe introduced several sweeter strains of tobacco from the Caribbean. These yielded a more appealing product than the harsh-tasting tobacco native to Virginia.

Detailed explanation-3: -The Virginia Company of London was a joint-stock company chartered by King James I in 1606 to establish a colony in North America. Such a venture allowed the Crown to reap the benefits of colonization-natural resources, new markets for English goods, leverage against the Spanish-without bearing the costs.

Detailed explanation-4: -The Company’s plan was to identify profitable raw materials such as gold and silver in Virginia to repay the investors back in England. The first settlers included artisans, craftsmen, and laborers alongside the gentlemen leaders.