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in the 1600s how did the joint stock companies in England get more people to move to the new world to work on the tabacco plantations

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User Dyamond
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1 Answer

6 votes

The joint-stock company was the forerunner of the modern corporation. In a JOINT-STOCK VENTURE, stock was sold to high net-worth investors who provided CAPITAL and had limited RISK. These companies had proven profitable in the past with trading ventures. The risk was small, and the returns were fairly quick.


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