why were joint - stock companies created?\no to allow individuals to finance and share the benefits of…
why were joint - stock companies created?\no to allow individuals to finance and share the benefits of trade\no to reduce the risk of overseas business\no to let two or more individuals buy stock in a company\no to create bigger companies
Answer
Brief Explanations:
Joint - stock companies pooled resources from multiple individuals for trade. They spread risk and allowed sharing of profits. This was especially useful for overseas business which was risky and capital - intensive.
Answer:
to allow individuals to finance and share the benefits of trade, to reduce the risk of overseas business