Question 16 • (Bergold)WCA 2130 US History 1 1st nine weeks 26-27
The Virginia Company was a joint-stock company, meaning it raised money by selling shares to investors. It used that investment to establish and support the Jamestown settlement. Tobacco became an important crop later, but the company was not founded simply to sell tobacco, and selling enslaved Africans was not its role.
AI-written and checked against the verified answer.