English colonies in the Chesapeake were mostly business enterprises.

Question

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The English colonies in the Chesapeake, such as Virginia and Maryland, were founded primarily as business enterprises. The Virginia Company and the Maryland Charter were both granted to groups of investors who hoped to make a profit from the natural resources of the region, including tobacco, timber, and fish. The settlers who came to these colonies were mostly young, single men who were seeking economic opportunities rather than religious freedom, as was the case with many of the colonies founded in New England.

English Colonies in the Chesapeake Were Mostly Business Enterprises