The Virginia Company and the Massachusetts Company were formed to

A) establish and settle English colonies in the New World,with the intent of developing trade.
B) provide armies to invade the English colonies of the New World.
C) provide workers to extract gold and silver from the English colonies in the New World.
D) keep people from permanently settling in the new English colonies.
E) make peace with the native population before setting up colonies in the New World.

The Virginia Company and the Massachusetts Company were both formed for the purpose of establishing English colonies in the New World. The goal was to develop trade and expand England's economic interests. Both companies were granted charters by the English Crown to establish colonies in specific regions of North America. The Virginia Company established the colony of Virginia, while the Massachusetts Company established several colonies, including Massachusetts Bay Colony.