Question

Why was the Virginia Company founded? A. The Queen wanted all the money from the New World. B. It was expensive to launch a colony in the New World. C. Spanish money funded the colonial settlement in England. D. Virginia colonists needed to form their own government and company.

Answer 1

The correct answer here is the option B.

Establishing colonies was an expensive endeavor as the example of Sir Walter Raleigh, who in 1580s tried to established a British colony in the New World. The colony failed and it was a costly failure which made the Crown weary of trying again. That is why the companies like the Virginia Company were founded.

Answer 2

The reason to Why was the Virginia Company founded is that It was expensive to launch a colony in the New World. So the answer would be letter B. Sir Walter Raleigh, in 1580s, tried to established a British colony in the New World. The colony failed and it was a costly failure. .