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The principal instrument of England's overseas expansion whereby individuals invested and profited in proportion to the number of shares purchased is known as a:

joint-stock company
proprietary colony
royal company

User Cain
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A. Joint-stock company
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User Chus
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Answer:

Joint-Stock company is the correct answer.

Step-by-step explanation:

The origins of modern corporations can be traced in joint-stock companies. Joint-Stock companies were the businesses owned by many investors, and each investor-owned a share as per the amount of stock purchased. They were created to finance such missions which were expensive for any one individual or government to fund. The owners of Joint-stock companies share their profits.

The British East India Company was a joint-stock company. It was the principal institution of England's overseas expansion.

User Mary
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