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What was the purpose of most of the joint-stock companies of the 1500's and 1600's?


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Asked by 16brianaluna at 6:24 PM on Feb. 12, 2009 in Politics & Current Events

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Answers (2)
  • What companies are you asking about?

    Answer by Marwill at 6:36 PM on Feb. 12, 2009

  • Joint-stock companies of the past are like modern corporations. Investing in groups allowed the group to share in profits and losses so that no one person carried a loss alone. This is an odd question for this group :-) Is this a question from your child's homework?

    Answer by Anonymous at 7:20 PM on Feb. 12, 2009

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