134k views
0 votes
Why was the virginia company interested in setting up the colony of jamestown?

User Yingch Xue
by
8.6k points

2 Answers

6 votes
In order to make money. Every company wants to make a profit. 
User Ilya Smagin
by
7.5k points
2 votes

Answer:

The Virginia company wanted to set up a colony in Jamestown because they thought its location would provide an strategic spot to defend themselves from the attack of the Spaniards and the indian tribes. Also, they considered that this territory would favour the commercial exchange of tobacco, gold and other goods.

Later on, the settlers discovered this position didn´t have enough soil to crop and also that Jamestown´s location was surrounded by several indian tribes that constantly attacked the position. Eventually, the colonists abandoned this outpost.

Step-by-step explanation:

User Mister Twister
by
8.4k points