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Gekata [30.6K]
3 years ago
7

Joint stock companies were organizations meant to establish colonies in the americas by people from

Business
2 answers:
Alex17521 [72]3 years ago
7 0

Answer:

Britain

Explanation:

Once they landed in America, the British set up a joint stock company, which was the start of what we now recognize as a corporation These stocks were marketed to investors with the thought of getting some cash, which created minimal-risk capital.Citizens embraced the idea as there was minimal risk and significant benefit. It really is accurate, therefore, that joint stock companies were organisations planned by the British to create colonies in America.

shtirl [24]3 years ago
5 0

Answer:

Joint stock companies were organizations meant to establish colonies in the Americas by people from Britain

Explanation:

A joint stock company is an entity where shares can be sold and sold by share holders.

Joint stock companies was what the Britain's employed when they arrived america to raise funds and they grew to larger business corporations with large share capital and economic importance.

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Answer:

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Explanation:

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A                         5,500            $ 355,000              31

B                         5,900            $ 375,000              33

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Totals               17,500          $ 1,250,000              99

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Department A = $22,720 (355,000/$1,250,000 * $80,000)

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