What did King James I grant to groups of merchants to organize settlements in an area in America?
A)Stocks
B)Compacts
C)Pledges***
D)Charters
N. It's D
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THE ANSWER IS D.
To find the answer to this question, you can start by understanding the historical context. King James I was the King of England in the early 17th century. During this time, several groups of merchants sought permission from the king to establish settlements in America. They received documents from the king that granted them the rights and privileges to establish these settlements.
Now, let's consider the options:
A) Stocks: Stocks refer to shares of ownership in a company, and they are not directly connected to the establishment of settlements. Therefore, option A can be eliminated.
B) Compacts: While compacts can refer to agreements between groups, there is no specific mention of compacts being granted by King James I for the establishment of settlements in America. Therefore, option B can be eliminated as well.
C) Pledges: Pledges generally refer to promises or commitments, but there is no mention of King James I granting pledges to merchants for organizing settlements. So, option C can also be eliminated.
D) Charters: A charter is a formal document that grants certain rights, powers, and privileges to an individual or group. In the context of colonial America, charters were granted to groups of merchants allowing them to establish settlements. These charters provided them with the legal authority and framework for governing these settlements. Therefore, option D, charters, is the correct answer.
So, the correct answer is D) Charters.