When the Virginia Company went bankrupt and lost its charter in 1624,the English Crown forbade further settlement in the colony.

Name: When the Virginia Company went bankrupt and lost its charter in 1624,the English Crown forbade further settlement in the colony.
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Question

When the Virginia Company went bankrupt and lost its charter in 1624,the English Crown forbade further settlement in the colony.​

Quizplus · Accepted Answer

When the Virginia Company went bankrupt and lost its charter in 1624, the English Crown took over the colony directly, rather than forbidding further settlement. This transition marked the beginning of royal colony status for Virginia.

When the Virginia Company Went Bankrupt and Lost Its Charter