Read the excerpt from "Challenging Explorations:" Explorers made these treacherous voyages for three main reasons: religion, wealth, and competition. These voyages of discovery began in the eleventh century.

Which of the following sentence paraphrases this excerpt correctly?

Explorers made these difficult voyages for three main reasons: religion, wealth, and competition.
These treacherous voyages of discovery began in the eleventh century where explorers searched for religion, wealth, and competition.
In the eleventh century, explorers embarked on difficult voyages in search of religion, wealth, and competition.
Religion, wealth, and competition are three examples of that explorers searched for.