What happened to the virginia company once jamestown was settled? a. it became wealthy and powerful. b. the governors disbanded it. c. the queen bought it. d. it went bankrupt.

Answer;

D. It went bankrupt

The Virginia Company went bankrupt once Jamestown was settled.

Explanation;

Jamestown was the first permanent, stable English settlement in North America.

The Virginia Company was founded as a joint stock company in order to establish colonial settlements in North America.

The plan of the company was to identify profitable raw materials such as gold and silver in Virginia to repay the investors back in England.

Initial reaction to the company was favorable, however the mortality rate at Jamestown rose and the prospect for profit grew dim, financial support waned.

in 1862, president lincoln's emancipation proclamation opened the door for african americans to enlist in the union army. although many had wanted to join the war effort earlier, they were prohibited from enlisting by a federal law dating back to 1792.

explanation:

"they had a large area of land that they owned."