THE AMERICAN REVOLUTION 1775 1783
AMERICAN REVOLUTION SOCIAL AND ECONOMIC IMPACT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Oglethorpe
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economic
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Mayflower Compact
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religious
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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 Company had the power to appoint a Council of leaders in the colony, a Governor, and other officials. It also took the responsibility to continually provide settlers, supplies, and ships for the venture.
Detailed explanation-3: -In December 1606 the Virginia Company sent out three ships carrying approximately 105 colonists led by Christopher Newport. In May 1607 the colonists reached Virginia and founded the Jamestown Colony at the mouth of the James River.
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.