SETTLING NORTH AMERICA 1497 1732
THE SOUTHERN COLONIES SETTLEMENT AND GROWTH
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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a public corporation established by merchants
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a public corporation established by landowners
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a joint-stock company established by merchants
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a joint-stock company established by landowners
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Detailed explanation-1: -The Virginia Company, a joint-stock company created by royal charter of James I of England in 1607, was responsible for the first permanent English settlement in the New World, Jamestown, in modern day Virginia.
Detailed explanation-2: -Jamestown. On May 14, 1607, English settlers arriving under the authority of the Virginia Company of London chartered by King James I established the first permanent English settlement in North America at a place they named Jamestown, Virginia.
Detailed explanation-3: -Contents. 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.
Detailed explanation-4: -On May 13 they picked Jamestown, Virginia for their settlement, which was named after their King, James I. The settlement became the first permanent English settlement in North America.
Detailed explanation-5: -Granted a charter by King James I in 1606, the Virginia Company was a joint-stock company created to establish settlements in the New World. This is a seal of the Virginia Company, which established the first English settlement in Jamestown, Virginia, in 1607.