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
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.
the joint companies wanted to earn money.
James town was Plymouth financed by joint-stock companies
through private funds from the creation of joint-stock companies
They set up colonies and Stock-Joint Companies.
A joint stock was used because a single person may have fallen out with bankruptcy at anytime during the early american days and was a good way for companies looking for good cheap money to make some. Businesses today take businesses ventures.
the president
James town was Plymouth financed by joint-stock companies
James town was Plymouth financed by joint-stock companies
Because there was not enough moeny circulating around. If efforts were combined then everyone could give but also reap the benefits.
they were all owned by the colonists themselves and they were owned by joint stock companies
The people who helped establish Jamestown were English settlers including Captain Christopher Newport and Captain Edward Wingfield. Many of the settlers died during the first winter at Jamestown.
They formed joint stock companies.
Walter Raleigh
The Virginia Company of London financed the expedition to Jamestown in 1606. The purpose was to establish a settlement in America.
The colonies were financed by a group of merchants that were called joint stock companies. Some of the companies were the London Company or the Massachusetts Bay Company.
Private funds from the creation of joint-stock companies.
the Virginia company of London and the Virginia company of Plymouth
through private funds from the creation of joint-stock companies