Register
Why did merchants create joint-stock companies and use cottage industries?
150k views
5 votes
Why did merchants create joint-stock companies and use cottage industries?

User Chiranjeevigk
by
5.3k points

1 Answer

1 vote

They did this to raise money for long-distance trade and to produce cheap goods in large quantities.

Hope this helps! <3

User Cuzox
by
5.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.7m questions

7.5m answers

Other Questions

Which type of anxiety plays a key role in many cases of erectile dysfunction?
Mr. Jensen repeatedly complains about the quality and duration of his sleep. He claims that he has difficulty falling asleep and staying asleep, and that he usually wakes up before it is time to get up.
Those rights that are so fundamental that they are outside of the authority of government to refulate are known as
Does the president of israel make all the decisions and rules for the country
In a speech to the British people, Churchill said the following: Let us brace ourselves to our duties and so bear ourselves that if the British Empire and its Commonwealth last for a thousand years, men
Link Copied!