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RUDIKE [14]
1 year ago
12

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

Social Studies
1 answer:
REY [17]1 year ago
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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