Why was the virginia company founded

It was expensive to launch a colony in the New World, is the right answer.

Explanation:

England was relatively poor throughout the 1600's when compared to the other European nations. This was the main reason why Britain formed a joint-stock company and did not launch a colony in the New World. The Virginia Company of London was the leading British joint-stock company formed to build a permanent settlement in the New World. This company was divided into two companies known as the  "London Company" and the "Plymouth Company".

the u.s. department of labor is a cabinet-level federal agency that supports the american labor force. it has three overall functions. first, it protects the rights of workers and retirees. second, it provides job training. third, it provides statistics related to working, prices, and income.

the us constitution is a living document, meaning that it can be changed over time as the country changes.