Question

The impact of joint stock companies in early American history was GREATEST on the development of A) slavery. B) technology. C) financial markets. D) social hierarchies.

Answer 1

Joint stock companies had the GREATEST impact on the development of financial markets. Examples such as the Dutch East India Company sold shares on the Amsterdam Stock Market as early as 1602. These early companies became models for our current financial organizations and markets.

Answer 2

C) financial markets