Question

Which of the following statements best describes the purpose of the Virginia Company, chartered by King James I in 1606? A. The British wanted to establish settlements along the coast of North America. B. It was necessary to keep Spanish settlements from moving north into Canada. C. British settlements in New England were failing and needed money and settlers. D. Britain wanted to maintain land in North America after getting pushed out of Canada by the French.

Answer 1

The correct answer is: A. The British wanted to establish settlements along the coast of North America.

The Virginia Company refers collectively to two English corporations incorporated under King King James I on April 10, 1606, the purpose of these companies was to establish settlements on the coast of North America. The companies were called "Virginia Company of London" (or London Company) and "Virginia Company of Plymouth" (or Plymouth Company); They operated with identical cards but with different territories. An overlapping territory area was created within which the two companies were not allowed to establish colonies within one hundred miles of each other.