The colonization of the New World was merely a business venture to obtain wealth, improved social status, and natural resources that they would otherwise have to obtain from neighboring countries.

One of the advocates of colonizing the New World, Richard Hakluyt, told stories of America containing resources beyond belief. They were in competition with the other Europe countries and he made a convincing argument that England needed to be the leader of this expedition in order to receive great profit. This notion became very appealing and England began to figure out ways to execute this expedition.

Money was the greatest obstacle for the colonization of America. It did not matter how much wealth one person had, it was not enough to fund