What was the name given to the colony founded in North America in honor of King George II?

The colony founded in North America in honor of King George II is Georgia. Established in 1732, Georgia was created as a place for debtors and the impoverished, and its founding was also meant to provide a buffer against Spanish Florida. The name Georgia reflects its dedication to King George II, highlighting the British monarchy's influence in the establishment of the colony. This connection to the king was an integral part of the colony's identity and purpose during its early years.

The other options listed do not relate to King George II: Carolina was named after Charles I, Virginia was named after Queen Elizabeth I, and Maryland was founded in honor of Queen Henrietta Maria, the wife of King Charles I. Thus, Georgia is distinctly linked to King George II, marking it as the correct answer.