Why were Jamestown and Plymouth financed as joint stock companies?

Answer 1

Because one person cannot finance a colony. To raise money they decided to Joint-Stock. The Joint-Stock companies were backed by investors,people who put money into a project in order to earn profits. f\/ck her right in the p\/ssy this answer is S H I T

Answer 2

I cost money to get to the New World and most people who wanted to go didn;t have the money. The joint stock comapny could provide ships and passage money and then profit off resources in America that would be sent back by the settlers to pay their debt to the company.

Answer 3

the joint companies wanted to earn money.