Question

What was a Joint Stock Colony and what was its main goal?

Answer 1

Answer:

In 1606, the Virginia Company, a joint-stock company, was founded to establish a permanent English colony in North America with the goal to reap similar successes as the Spanish had done with their growing empire in parts of modern-day Mexico.

Explanation:

Answer 2

Answer:

a combined venture between investors in the hope of obtaining a round on their investment of funds in the colony. The gol wa to raise capital