The most accurate reason King James I granted a charter to the Virginia Company is B. to set up a colony that made a profit. The Virginia Company was established with the goal of establishing a settlement in North America that could generate revenue through various means, including trade and the eventual cultivation of cash crops like tobacco.
Why did King James I grant a charter to the Virginia Company?
A.to set up a colony to produce tobacco
B. to set up a colony that made a profit
C.to set up a trading post for corn and turkeys
D.to set up a trading post with the Powhatan
1 answer
1 answer