The _________ was a business form in England that encouraged the English to invest in founding colonies.
A) Brokerage.
B) Joint-stock company.
C) Partnership.
D) Venture capital firm.

Question

Quizplus · Accepted Answer

Joint-stock companies were a form of business organization popularized in England during the 17th century that allowed individuals to pool their resources and invest in overseas ventures, including colonial enterprises in the Americas. The joint-stock company enabled investors to spread the risk of funding costly overseas expeditions and colony-building projects, which often involved significant hazards and uncertainties.

The _________ Was a Business Form in England That Encouraged