Question

Chartered companies located in the "New World" supplied European monarchs with exotic and hard-to-find raw materials food products. What did the companies receive in return?


a monopoly on trade in that area and military protection if needed
knighthood and a piece of land for each of the company's top managers
permission to trade anywhere in the monarch's territories or colonies
enough money to buy several ships and a set of that country's flags

Answer 1

Sounds correct

Answer 2

Monopoly

Answer 3

thank you!