Question

How did the Virginia Company make money for England?

(A)Colonized the west coast of North America
(B)Colonized the east coast of North America and sent resources back to England
(C)Visited the east coast of North American and sold goods to settlers
(D)Visited the west coast of North America

Answer 1

Answer:

may be the answer is option"B"

Explanation:

The Virginia Company of London was a joint-stock company chartered by King James I in 1606 to establish a colony in North America. Such a venture allowed the Crown to reap the benefits of colonization—natural resources, new markets for English goods, leverage against the Spanish—without bearing the costs. Investors, meanwhile, were protected from catastrophic losses in the event of the project's failure. The company established a settlement at Jamestown in 1607, and over the next eighteen years, the Crown granted the company two new charters, democratizing its governance and reforming its financial model. What began as an enterprise of investors seeking a dividend was funded a decade later almost exclusively by a public lottery. By 1618 the company had found a way to use its most abundant resource—land—to tempt settlers to pay their own passage from England to the colony and then, after arrival, to pay the company a quitrent, or fee, to use the land. Still, the Virginia Company and the colony it oversaw struggled to survive