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What was used to fund England's early attempts at colonization of the Americas?

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User Mauli
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England first explores and tries to establish a colony at Roanoke Island in 1584, which is an island in the NC Outer Banks. Queen Elizabeth of England gave him a charter to explore and set up a permanent colony in North America. Raleigh invested his own money to pay for trying to establish a colony at Roanoke Island.
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User Anthony Poon
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