What & When: In 1789 the U.S. Constitution
replaced the Articles of Confederation and
created a stronger federal government. It
established the three branches of
government, outlined how to add changes to
the Constitution, and the Bill of Rights
explained the rights of the people.
Cause: The Articles of Confederation had
not proven strong enough for a growing
country like the U.S. who needed a
government with more central power to be
able to enforce its laws.
Effect: It was not easy to get delegates to
agree on the design of the new government
in the planning process that took place
during the Constitutional Convention.
Significance: The Constitution that was
created during this time has endured and is
still the highest law in the land today.
<span>The Committees of Correspondence were the American colonies’ means for maintaining communication lines in the years before the Revolutionary War. In 1764, Boston formed the earliest Committee of Correspondence to encourage opposition to Britain’s stiffening of customs enforcement and prohibition of American paper money.
It was established by Samuel Adams and James Warren.</span>
joint-stock company form of business in which a group of investors shared profits and losses.
Option D is correct
What is a joint-stock company ?
In a joint stock company, the ownership is divided into transferable units known as shares. In case of a public company the shares can be transferred freely, there are almost no restrictions.
How did a joint-stock company work?
A joint-stock company is a business that is owned by its investors. The shareholders buy and sell shares and own a portion of the company. The percentage of ownership is based on the number of shares that each individual owns
What are the objectives of joint stock company?
The purpose of a joint-stock company is to raise capital. By selling ownership shares, the company raises money that it might otherwise not be able to get from its founders or business operations
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