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

User Yuval
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2 Answers

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11 votes

Question: Why did merchants create joint-stock companies and use cottage industries?

Answer:

To raise money for long-distance trade, to produce cheap goods in large quantities. How did foods imported from the Americans benefit Europe? corn was used to feed animals, potatoes became part of European diet; population became better fed.

Explanation:

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User ClayKaboom
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27 votes

Answer:

Hiya!!

To raise money for long-distance trade, to produce cheap goods in large quantities.

Step-by-step explanation:

User Leverin
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