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Why did the London Company sponsor the Jamestown settlement?

Why did the London Company sponsor the Jamestown settlement?
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Why did the London Company sponsor the Jamestown settlement?

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User Julieta
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Answer: The company hoped to be repaid in silver and gold from Jamestown

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User Xwrs
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The main reason why the London Company sponsored the Jamestown settlement was to search for raw materials that could be brought back to England. Jamestown became England's first successful colony although not for this reason.
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User Jon Dewees
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