Answer:
The English started the Jamestown colony with the goal of finding gold and establishing a permanent settlement. The Virginia Company, a group of investors, sponsored the colony in the hope of profiting from the venture. They aimed to repeat the success of the Spaniards who found gold in South America. The first 144 English men and boys arrived in North America in 1607 to start the settlement, which was named after King James I. The colonists were told that if they did not generate any wealth, financial support for their efforts would end. The site for Jamestown was chosen for its strategic location and safety, as well as its potential for trade and access to resources. Despite the initial focus on finding gold, the colony eventually became the first permanent English settlement in North America.
