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What was a Joint Stock Colony and what was its main goal?
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18 votes
What was a Joint Stock Colony and what was its main goal?

User Xhh
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10 votes

Answer:

a combined venture between investors in the hope of obtaining a round on their investment of funds in the colony. The gol wa to raise capital

User Gfdx
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14 votes
14 votes

Answer:

In 1606, the Virginia Company, a joint-stock company, was founded to establish a permanent English colony in North America with the goal to reap similar successes as the Spanish had done with their growing empire in parts of modern-day Mexico.

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User Shababhsiddique
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