Why did many wealthy englishmen favor the development of colonies in America

2 answers:

3 0

The wealthy englishmen saved their money to finance ships. This is the main reason why the englishmen favored the development of colonies in America.

Vladimir79 [104]4 years ago

3 0

There are many reasons why wealthy Englishmen might have favoured the development of colonies in America. On the one hand, the creation of new settlements provided many business opportunities. Wealthy Englishmen were interested in financing ships that could be used for trade or for migration. Moreover, the development of colonies allowed England to obtain many raw materials that could be used in England for various businesses.

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