What are two reasons why investors in England were likely unwilling to finance the early voyages of the merchants and joint-stock companies of the americas ?
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Individuals were not financially strong enough to finance the early voyages to the Americas. Queen Elizabeth of England was not interested in spending huge sums of money from the national treasury. Spanish explorers wasted lots of money by going to the New World colonies. English explorers did not want to face the same risk to their economy.
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