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Why did merchants create joint-stock companies and use cottage industries? FIVE SENTENTCES

User Aaron Chen
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The answer to this question is that the fee's were not being met at their standards! No one could pay off their debt. So if you built a new factory you had to pay off the fee's. And we all know how cotton was picked before eli whitney created the cotton gin!
User CCC
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to raise money for long-distance trade, to produce cheap goods in large quantities.
User Vijendra Patidar
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