Establishing a Profitable Colony in the New World

What was the Virginia Company's goal in settling the New World?

A. The Virginia Company intended to create New England in the New World.

B. The Virginia Company intended to establish churches in the New World.

C. The Virginia Company intended to become an ally of Spain in the New World.

D. The Virginia Company intended to find gold and create a profitable colony.

The goal of the Virginia Company was clear enough: establish a permanent colony in America that would make a profit for the Company.

The Virginia Company aimed to create a successful and profitable colony in the New World to benefit the company financially. Their main focus was on finding resources and developing a sustainable settlement that would generate revenue. The establishment of Jamestown in Virginia marked the beginning of England's presence in the New World and set the stage for future colonies.

By striving to create a profitable colony, the Virginia Company contributed to the growth and expansion of British influence in North America. Their efforts laid the foundation for the development of the thirteen colonies and ultimately shaped the course of American history.

Despite facing numerous challenges and setbacks, the Virginia Company's determination to succeed in their venture ultimately led to the establishment of a lasting settlement that paved the way for future generations. Their foresight and perseverance in pursuing their goal of creating a profitable colony demonstrate the optimism and ambition that characterized early European exploration and colonization of the New World.