SETTLING NORTH AMERICA 1497 1732
THE 13 COLONIES LIFE IN EARLY AMERICA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the Virginia Company.
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Bartholomew Gosnold.
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John Smith.
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Maria Wingfield.
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Detailed explanation-1: -The Virginia Company was formed both to bring profit to its shareholders and to establish an English colony in the New World. The Company, under the direction of its treasurer Sir Thomas Smith, was instructed to colonize land between the 34th and 41st northern parallel.
Detailed explanation-2: -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-3: -On May 14, 1607, a group of roughly 100 members of a joint venture called the Virginia Company founded the first permanent English settlement in North America on the banks of the James River.