Question

In 1606, money to establish the colony of Jamestown was raised by______. A.) forming the Virginia Company B.) forcing colonists to work C.) hunting and selling livestock D.) raising taxes on Roanoke colonists

Answer 1

Answer: The correct answer is : A.) forming the Virginia Company

Explanation: The Virginia company depended on investors because it was a public limited company and Jamestown took a while to produce profits. The virginia company chose a place inside to establish Jamestown because in this location it would be easier to defend against a Spanish attack.

Answer 2

In 1606, forming the Virginia Company was founded to raise the money to establish the colony of Jamestown. Thus, the answer is letter A. In December 1606, the Virginia Company's three ships, containing 144 men and boys. They were set off on May 13, 1607.