Joint-Stock Companies and Colonial Finance
Which of the following best describes how the establishment of joint-stock companies affected England’s efforts to finance colonial ventures in North America?
A
Joint-stock companies allowed for broader investment and risk-sharing, enabling larger-scale colonial ventures
B
The establishment of joint-stock companies led to decreased interest in New World colonization
C
Joint-stock companies limited colonial expansion by restricting investment to wealthy aristocrats
D
Joint-stock companies primarily financed religious missions, not commercial colonial ventures
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