What was the primary reason joint-stock companies failed in Virginia and Maine?

Question

Quizplus · Accepted Answer

The primary reason joint-stock companies failed in Virginia and Maine was that the colonies did not provide enough of a profit to satisfy the investors. The initial investments were high, and the returns were low. As a result, investors lost money, and the companies failed. The English government did not tax their profits at exorbitant rates, and the colonists did not ask for enough investment in infrastructure. While the government did demand some control over the operations of the companies, this was not the primary reason for their failure.

What Was the Primary Reason Joint-Stock Companies Failed in Virginia