USA HISTORY

SETTLING NORTH AMERICA 1497 1732

THE PURITANS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What did groups of merchants obtain from the British King in order to start settlements?
A
compacts
B
charters
C
pledges
D
stocks
Explanation: 

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 Royal Charter of 1663 was a document granted by King Charles II of England to the Colony of Rhode Island and Providence Plantations. It allowed settlers in Rhode Island to govern their own colony and guaranteed their individual freedom of religion.

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