Except the Us postal service
Joint stock company was formed in Britain in the 16th century with the principal purpose of pursuing trade with other countries, India especially. The joint stock company was of significant help to the growth of the British empire because the company rose to account for half of the world trade, particularly in basic commodities. This pumps a lot of money into the economy.
Also, the joint stock company signifies the beginning of the British empire in India. All these greatly influence the economy of the British empire making it to grow rapidly and gained more influence in the world.<span />
Informal trading is the term used to describe a method of carrying business as a street vendor or as an associate of one. A poorer individual can earn a living through activity such as food preparation or selling small items, this enables people to have immediate cash flow with little or no investment and the avoidance of paying tax.
