Advanced Placement (AP), 28.09.2020 14:01 Nae0523
How did join-stock companies contribute to the European race for empire in the seventeenth-century?
1. Joint-stock companies provided explorers with supplies for their voyages.
2. Joint-stock companies pooled resources to sponsor voyages as a gamble on potential profits and losses.
3. Joint-stock companies acted a liaison between explorers and monarchs.
4. Joint-stock companies oversaw relations with Native American groups.
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