Question

In the days of English colonization a group of investors called a __________ ___________ ______________ would put up the capital to establish a colony and the investors assumed the risk in hopes of making significant profits over time.

Answer 1

Joint Stock Company

Step-by-step explanation:

A joint-stock company is a business organism in which owners of shares in a company, or shareholders, can buy and sell the company's stock, which is transferable. During colonial times, in about 1600, the first British joint-stock companies were the London Company and the Plymouth Company in America, as well as the East India Company in India.