Why were stock companies necessary?

a) Business owners were failing in the new economy

b) taxes had become too high

c) exploration was very expensive

d) farmers had no interest in selling excess crops

Question

History

Nehemiah

25 December, 00:07

Why were stock companies necessary?

a) Business owners were failing in the new economy

b) taxes had become too high

c) exploration was very expensive

d) farmers had no interest in selling excess crops

+2

Answers (2)

Know the Answer?

Giancarlo Farrell · Answer 1

C) exploration was very expensive

Explanation:

stock companies allowed England to become a major player in colonization of the New World. Without joint stock companies, the British may not have been able (or willing) to afford to create the thirteen colonies.

Todd Floyd · Answer 2

Todd Floyd 25 December, 03:15

0

C) exploration was very expensive

Why were stock companies necessary?a) Business owners were failing in the new economyb) taxes had become too highc) exploration was very expensived) farmers had no interest in selling excess crops

Why were stock companies necessary?

a) Business owners were failing in the new economy

b) taxes had become too high

c) exploration was very expensive

d) farmers had no interest in selling excess crops