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mariarad [96]
3 years ago
14

Why were north american settlements often founded by joint stock companies?

History
2 answers:
Sonja [21]3 years ago
7 0

North American settlements were often founded by joint-stock companies because it was most profitable to pool resources, like money, and share the risk of investing.

Sunny_sXe [5.5K]3 years ago
4 0

It took many people to share the high costs. ~apex u.s history

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Can you be unpersoned? How?​
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In which form of government could all citizens participate directly in the government?
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3 years ago
The attorney general and heads of the federal departments are collectively known as the presidents what
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Select the best description of why most wealthy northern merchants supported Alexander Hamilton's ideas:
Greeley [361]

Answer;

A.Merchants profited from his economic policies, which included high tariffs on foreign trade.

Explanation;

During 1790 and 1791, Hamilton embarked on an ambitious plan of economic nationalism. He intended the plan to solve the economic problems that had plagued the United States since the American Revolution and to provide the means to defend the new republic.

He believed that his plan would create a class of wealthy citizens who, because they were long-term creditors of the new national government, would be loyal to it and take an active interest in its affairs. As a consequence, the central government would be strong and able to finance wars or fund major national projects.

8 0
3 years ago
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