The correct answer is true.
It is true that by creating the Mayflower Compact, the signers announced that this would be a land governed by the American people. This concept is called self-government.
The Mayflower Compact was an important document for the Plymouth Colony because it established rules that all of the Pilgrims had to follow.
The Mayflower was the name of the ship that the Puritans and other English people used to travel to the North American territory. They wanted to arrive at the coast of Virginia but strong winds and difficult weather conditions made them arrive at Cape Cod. Massachusetts, where they founded the colony of Plymouth. During the trip, the Puritans elaborated a document later called the Mayflower Compact, which represented the first series of rules and regulations that people need to follow to succeed in the new territory.