The Organization of American States (OAS) was founded on April 30, 1948<span>, in Bogota, Colombia, with 21 countries signing the original charter. A precursor dates back to 1890, when 18 countries met in Washington, DC, to form the International Union of American Republics.</span>
Answer:
British monarchs encouraged the development of colonies as new sources of wealth and power. They granted charters to groups of businessmen, like the Virginia Company, who offered to help colonists settle in the “New World.” Economic concerns money and wealth.
