Which type of colony was established under a form of business venture

in which people invested money in hopes of earning a profit?

proprietary colony

O charter colony

royal colony

joint stock colony

D. Joint stock colony.

Here I will explain the different colonies and the answer to your question:

Proprietary Colony

A proprietary colony is a colony that was given to a certain person or sometimes a group of people under the British crown. These people were called proprietors and they held power over the land in which they owned under the King.

Charter Colony

A charter colony is very similar to a proprietary colony, except it was governed by and used a royal charter. This made it so little to no interference from the British crown was present in the colony. Charter colonies were usually run by one person who would be the governor and the individuals of the colony could have a bit more freedom compared to other colonies.

Royal Colony

A royal colony is brought directly from the King himself. The King would make the rules overseas and send British government officials to go and run the colony for him. This made it so these colonies were usually used as profit for the British crown and many of the goods found under the Royal colony were sent to England.

Joint Stock Colony

A joint stock colony, which your question is referencing to, was a colony brought directly from investors that were from England. Many companies would sponsor these adventures to current day America, in hopes of getting profit. Individuals would then travel and set up colonies in the New World, where they would then sell items and goods exclusive to that region to the investors who would then make profit.