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AP US History
Unit 1 – Interactions North America, 1491–1607
Topic 1.4
What was the importance of joint-stock companies?
Multiple people would face the risks but only the leader in charge would benefit.
They allowed for only one shareholder to have the risks and the benefits.
The King could have the benefits of colonization without having many risks.
It limited companies on how much money they could make establishing controls on capitalism.
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AP US History - 1.4 Columbian Exchange, Spanish Exploration, and Conquest
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About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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