Asked by Gianna Tapanes on May 10, 2024

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The Virginia Company accomplished its goals for the shareholders and for its settlers.

Virginia Company

A joint-stock company chartered by King James I in 1606 to establish colonies in North America.

Shareholders

Individuals or entities that own shares in a corporation, giving them a stake in the company's assets and earnings.

Settlers

Individuals or groups who move into a new country or area to live, often leading to the establishment of new communities.

  • Familiarize oneself with the essential aspects and workings of the headright system and its effects on the demographic evolution of colonial societies.
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Zybrea KnightMay 10, 2024
Final Answer :
False
Explanation :
The Virginia Company did not fully accomplish its goals for the shareholders or for its settlers. The initial years of the Jamestown colony were marked by starvation, disease, and conflicts with Native Americans. It was not until the successful cultivation of tobacco in the 1620s that the Virginia Company began to turn a profit. However, even then, the shareholders were not satisfied with the returns on their investment and the company was dissolved in 1624. Additionally, the settlers themselves faced a difficult and often precarious existence in early Virginia, with mortality rates remaining high throughout the colony's early decades.