Question

Why did King James I issue a charter to the Virginia Company?

Answer 1

King James I issued a charter to the Virginia Company to establish a colony and pursue economic and religious interests. The main goals were finding gold and spreading Christianity to the indigenous people. The Virginia Company was a joint-stock company organized to generate profit.

Step-by-step explanation:

King James, I issued a charter to the Virginia Company in order to establish a colony in the New World and pursue economic and religious interests. The charter granted the Company the right to settle in Virginia or other areas not possessed by Christian princes. The main goals of the colony were to find gold and propagate the Christian religion to the indigenous people, bringing them to a more civilized and governed state. The Virginia Company was a joint-stock company, organized as a business venture to generate profit for its investors.

Answer 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. It also took the responsibility to continually provide settlers, supplies, and ships for the venture.