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These corporations sold shares of stock to wealthy investors in Europe the funds were used to finance the colonization of the new world

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Answer:

Joint Stock Company

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User Bjoseph
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The half dozen Dutch companies united in the mega corporation the VOC= Vereenigde Oostindische Compagnie ( United East India Company), established in 1602, sold shares of stock to wealthy investors in Europe. These funds were used to finance the colonization of the New World. The VOC was the pioneer for our modern day stock exchange.

User McDuck
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