Answer:
What the groups of merchants obtained from the British king in order to start settlements in America were charters.
Explanation:
This is not a complete question, the complete version with its options to answer is:
What did King James I grant to groups of merchants to organize settlements in an area in America?
A)Stocks
B)Compacts
C)Pledges
D)Charters
Jamestown Colony was an English colony in North America that was financed by King James I, when he gave a charter to a group of investors on April 10, 1606, this was very convenient for the investors since the area of Virginia was really wide, covering all the East Coast of North America north of Florida, besides being an area of gold and silver deposits.
Answer:
The charters of a joint-stock company were given to merchants to establish colonial settlements.
Explanation:
King James had given charters to the group of merchants to establish the settlements in America in the year 1606, which was called the Jamestone colony. The prime motive of investors was gold and chose locations near waters in order to build a blooming community.
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