Multiple Choice
What is the significance of joint stock companies for English colonization?
A) They owned ships and profited from the cost of passage to the New World.
B) They were able to amass the large sums of money needed to establish colonies overseas.
C) They discouraged investors from establishing colonies overseas.
D) They were funded by the crown and enabled the establishment of royal colonies.
E) They exported products to be sold to colonists in the New World and imported colonial goods back to England.
Correct Answer:
Verified
Correct Answer:
Verified
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