Question

How did a joint-stock company raise money to fund exploration expeditions?

A. Ask for donations
B. Sell many products
C. Sold shares of the company to investors
D. Establish trade relationships with other nations

Answer 1

A joint-stock company raised money for exploration expeditions by selling shares of the company to investors.

Step-by-step explanation:

A joint-stock company raised money to fund exploration expeditions by selling shares of the company to investors.

This allowed the company to raise large amounts of capital by pooling funds from multiple investors. The investors, in turn, would share in the profits and losses of the company.

Some examples of joint-stock companies that used this method to fund exploration expeditions include the Dutch East India Company and the British East India Company.

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