87.0k views
1 vote
What was the point of joint stock companies?

User NSouth
by
7.5k points

1 Answer

4 votes

Answer:

Joint-stock companies were similar to modern corporations that sell stock to investors in order to pool resources like capital, or money, together.

User Technicallynick
by
6.8k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.