1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
loris [4]
3 years ago
12

What were joint-stock companies and monopoly companies, and how did they contribute to increased trade and exploration?

Business
1 answer:
Irina-Kira [14]3 years ago
5 0

Answer:

Nowadays, a joint stock company is simply a corporation whose stockholders can buy or sell the company's stocks. But 4 centuries ago, joint stock companies were very different.

Joint stock companies were used by the British Empire to set colonies around the world, e.g. the Virginia Company was chartered rights to establish and exploit colonies in British territories, which are now the US.

A joint stock company was named that way because stocks of the company were sold to rich people in England that were willing to risk money in the colonies. E.g. Jameston was founded and basically owned by the Virginia Company. Joint stock companies were vital for the colonization processes of the British Empire.

The King of England could also establish chartered companies which basically had a monopoly over the trade of certain areas, e.g. the East India Company was probably one of the most famous of them and the most powerful and wealthy.

Some chartered companies were even responsible for paying the salaries and expenses of the British government officials in foreign countries. The East India Company basically ruled over all India and had its own private army.

You might be interested in
those making more than $200,000 are the primary beneficiaries of the home mortgage interest deduction.
netineya [11]

Answer:true

Explanation:

4 0
1 year ago
If you cannot identify the author of a document on the web, you should try to determine the sponsoring organization for the docu
tiny-mole [99]
If its true or false question then true i think.
7 0
3 years ago
If you wish to enter the field of soil and
faltersainse [42]

4 year college degree is the minimum educational goal to attain if one wish to enter the field of soil and forest conservation.

The 4 year college degree is tantamount to the Bachelor degree achieved from University, college etc.

Usually, the position of forestry and related job requires the minimum of Bachelor degree from related course in the field of soil and forest conservation.

Hence, the 4 year college degree is the minimum educational goal to attain if one wish to enter the field of soil and forest conservation.

Therefore, the Option C is correct.

Read more about forestry

<em>brainly.com/question/24518939</em>

6 0
2 years ago
For the year, Peggy Grey's Cookies had net income of $8,110. The firm paid out 30 percent of the net income to its shareholders
slamgirl [31]

Answer:

$2,933

Explanation:

The company had a net income of $8,110, and paid 30% of it to its shareholders, therefore:

$8,110 x 0.30 = $2,433.

But it also repurchased $500 worth of common stock, and this is to be distributed among the sharedholders as well, thus:

$2,433 + $500 = $2,933

8 0
3 years ago
The type of law that is derived from tradition and earlier judicial decisions is
dolphi86 [110]

Answer: The answer is a Common Law

4 0
3 years ago
Other questions:
  • An example of a physical goal is:
    11·2 answers
  • Which resum_ tends to be used to cover employment gaps?
    15·2 answers
  • Countries that require substantial loans from the International Monetary Fund to survive will ________ due to IMF-mandated econo
    12·1 answer
  • For a manufacturer, measures of volume may include:
    10·2 answers
  • Using a $ sign before a column label ________.
    13·1 answer
  • Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest wil
    11·1 answer
  • Tessellations that use more than one type of regular polygon are called semi-regular tessellations.
    5·2 answers
  • A company has 1000000 shares outstanding trading at $15 a piece. Managers believe that the discount rate appropriate for the ris
    6·1 answer
  • What problems do you think Hudson will face on entering the European market? Make a list of your ideas then share with your clas
    9·1 answer
  • What are capital gains on an investment.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!