USA HISTORY

SETTLING NORTH AMERICA 1497 1732

THE SOUTHERN COLONIES SETTLEMENT AND GROWTH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
An English joint stock business founded in 1606 by James I of England with the purpose of establishing settlements on the coast of North America
A
London Company
B
England Company
C
Plymouth Company
D
Colony of Virginia
Explanation: 

Detailed explanation-1: -The Virginia Company was an English trading company chartered by King James I on 10 April 1606 with the object of colonizing the eastern coast of America. The coast was named Virginia, after Elizabeth I, and it stretched from present-day Maine to the Carolinas.

Detailed explanation-2: -King James I granted the Virginia Company a royal charter for the colonial pursuit in 1606. The Company had the power to appoint a Council of leaders in the colony, a Governor, and other officials.

Detailed explanation-3: -On December 6, 1606, the journey to Virginia began on three ships: the Susan Constant, the Godspeed, and the Discovery. In 1607, 104 English men and boys arrived in North America to start a settlement. On May 13 they picked Jamestown, Virginia for their settlement, which was named after their King, James I.

Detailed explanation-4: -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-5: -On April 10, 1606, King James I of England granted the following charter to the investors of the Virginia Company of London. It permitted them to settle a swath of the North American coast and led to the establishment of Jamestown a year later.

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