Why did the establishment of some English colonies require the creation of joint-stock companies?
Colonies were seldom profitable and banks were needed to support them.
Colonies were risky and individuals were unwilling to invest all of their money in them.
Some colonies were attacked by Native Americans and soldiers were needed to defend them.
Some colonies were founded as royal colonies and the monarchy recruited colonists for them.
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Why did the establishment of some English colonies require the creation of joint-stock companies?
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