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mel-nik [20]
3 years ago
7

The problem of raising money to settle the New World led English merchant-capitalists to create the institution of

History
2 answers:
frozen [14]3 years ago
7 0

The joint-stock company

Flura [38]3 years ago
3 0
The problem of raising money to settle the New World led English merchant-capitalists to create the institution of the "joint stock company," since this allowed investors to share in the risks and rewards. 
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