Why were joint-stock companies created?

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asked Jun 20, 2022 68.8k views

2 Answers

D V Yogesh · Answer 1 · 2022-06-22T09:45:58+0000

Joint-stock companies are created in order to finance endeavors that are too expensive for an individual or even a government to fund. The owners of a joint-stock company expect to share in its profits.

Aaron Zeckoski · Answer 2 · 2022-06-27T06:57:36+0000

Joint-stock companies are created in order to finance endeavors that are too expensive for an individual or even a government to fund.

Why were joint-stock companies created?

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