King James I granted a charter to the Virginia Company primarily to set up a colony that made a profit. The intention was to establish a settlement in North America that would generate wealth through various means, including trade and resources such as tobacco.
Why did King James I grant a charter to the Virginia Company? (1 point)
O to set up a trading post for corn and turkeys
• to set up a colony that made a profit
O to set up a colony to produce tobacco
O to set up a trading post with the
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