Colonization was expensive and risky.
Colonization was expensive and risky.
Exploration was very expensive.
Mercantilism was the idea behind the colonization of North America. Europe colonized in North America for profit.
The theory of mercantilism was developed to justify investing in joint-stock companies for ventures in the New World. This economic theory emphasized the importance of accumulating wealth, particularly gold and silver, and maintaining a favorable balance of trade. Joint-stock companies allowed investors to pool resources and share risks, making it easier to fund overseas exploration and colonization, which were seen as vital for national power and economic prosperity.
Extracted resources from their colonies
Colonization was expensive and risky.
Colonization was expensive and risky.
True
true
Audit is not necessary for all companies, in some countries the small companies are exempt from audit.
jointstck company- the jointstock company went to the store to go but milk and cheese! good luck!(:
It is necessary for company to maintain books of accounts and that's why accountancy is a must activity but it is not mandary to conduct audit of financial statement for private companies and only necessary for public companies.
otherwise they will cheat you
colonization
A joint stock company is an enterprise that has been partly financed by equity raised through the public. Some examples of well-known joint stock companies are Apple Inc., Starbucks and Google.
Jamestown and Plymouth were financed by joint stock companies to spread the financial risk associated with colonization among multiple investors. These companies pooled resources from various shareholders, allowing for the funding of expeditions and settlements without placing the entire financial burden on a single individual or entity. This model facilitated the exploration and establishment of colonies by providing the necessary capital for supplies, ships, and labor, ultimately aiming for profit through trade and resource extraction.
The colonization was financed by private companies that expected to realize a significant return on their investment, gold, silver, tobacco.