505,239 views
23 votes
23 votes
Why were joint-stock companies created?

User MrWhetherMan
by
3.1k points

2 Answers

27 votes
27 votes
Joint-stock companies are created in order to finance endeavors that are too expensive for an individual or even a government to fund. The owners of a joint-stock company expect to share in its profits.
User Ellery Newcomer
by
3.3k points
29 votes
29 votes
Joint-stock companies are created in order to finance endeavors that are too expensive for an individual or even a government to fund.
User Lejlun
by
3.2k points