Question

in 1606 money to establish the colony of Jamestown was raised by A: farming the Virginia Company B: forcing colonist to work C: hunting in selling livestock D: raising tax on Roanoke colonist.

Answer 1

A: forming the Virginia Company

The Virginia Company was a joint-stock company meaning people invested their money in the colony in hopes of making money off the investment.

The Virginia Company ran Virginia as a business. The investment money made in the company created funds for start up. The company invested in land, tobacco plants, indentured servants, and necessary supplies to settle in Virginia. The Company would prove to profitable and investors as well as planters made very much money on the colony.

Answer 2

In 1606, money to establish the colony of Jamestown was raised by forming the Virginia Company.