104k views
5 votes
How did joint-stock companies and monopoly companies contribute to increased trade and exploration?

User Dollyn
by
5.9k points

1 Answer

4 votes

Answer:

They contributed to the increased trade and exploration by having to sell their stock and shares to buyers in the aim to get money for the development of products.

Step-by-step explanation:

The Joint-stock companies and monopoly companies seem alike to modern corporations that sold their stock to investors in order to get resources like money or capital, for new a new finding or research and product development.

All of this was carried out with the sole aim of making profit returns and giving reward to investors with the high rise of stock share prices.

In the 17th century, English merchants used Joint-stock companies by (which to pool share and capital the risks involved with trading voyages to Africa and Asia.

User Wolfgang Arnold
by
5.2k points