The Jamestown settlement was financed by which company's charter?

• A. Virginia Company of London
• B. Virginia Company of Plymouth
• C. London Company of Virginia
• D. Plymouth Company of Virginia

Answer: (A)

The event tested is who provided the investment and royal permission to establish a Virginia colony through a charter. Jamestown was funded by the Virginia Company of London, a joint‑stock venture that received a royal charter from King James I in 1606 to claim and govern lands in the Virginia region. The settlement that began in 1607 operated under that charter, with investors sharing in profits and risks as they established a foothold in the New World. There were two companies formed to sponsor voyages for Virginia—London and Plymouth—but only the London group financed Jamestown. The Plymouth venture pursued other goals and did not fund this settlement, making the Virginia Company of London the correct sponsor.