What was the advantage of a joint-stock company in colonization?

1 answer:

8 0

The advantage of a joint-stock company in colonization, according to Penn Foster, is <u>B. It allowed </u><u>many investors</u> to pool their resources.

<h3>What is a joint-stock company?</h3>

A joint-stock company is a form of business that is owned by many investors.

An investor owns a share in a joint-stock company based on the amount of stock purchased.

Joint-stock companies are created in order to:

Finance expensive ventures.
Pool resources of many investors together to achieve goals.
Ensure the perpetual existence of the entity, which is not dependent on individual investors by making shares transferable.

Thus, the advantage of a joint-stock company in colonization, according to Penn Foster, is <u>B. It allowed </u><u>many investors</u> to pool their resources.

Learn more about joint-stock companies at brainly.com/question/882608

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