What colonization theory did Edward Gibbon Wakefield advocate through the New Zealand Company?

Answer and explanation

Correct answer: B. Systematic colonization selling land at a sufficient price to fund immigrant labourers

  1. Step 1: Wakefield argued that cheap land caused labor shortages; selling land at a high price kept laborers working for wages. Step 2. Land sales funded the transport of balanced Victorian communities (capitalists, tradesmen, and laborers). Answer: Systematic colonization selling land at a sufficient price to fund immigrant labourers. Why not the others: Wakefield's company founded settlements at Wellington, Whanganui, Nelson, and New Plymouth.

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