{"id":10635,"date":"2017-09-19T13:43:50","date_gmt":"2017-09-19T20:43:50","guid":{"rendered":"https:\/\/magoosh.com\/hs\/?p=10635"},"modified":"2017-09-19T13:43:50","modified_gmt":"2017-09-19T20:43:50","slug":"the-joint-stock-company-apush-topics-to-study-for-test-day","status":"publish","type":"post","link":"https:\/\/magoosh.com\/hs\/ap\/the-joint-stock-company-apush-topics-to-study-for-test-day\/","title":{"rendered":"The Joint Stock Company: APUSH Topics to Study for Test Day"},"content":{"rendered":"

Joint stock companies were economic partnerships that proved crucial to English settlement of the New World. Joint stock company APUSH questions will center on the impact that these ventures had on colonial settlement.<\/p>\n

What is a joint stock company?<\/h2>\n

A joint stock company is a company made up of a group of shareholders. Each shareholder invests some money in the company and, in turn, receives a share of the company\u2019s profits. Joint stock companies had been used successfully in various trading ventures in the past. In the early 1600s, however, a risky new form of joint stock venture arose and became extremely important\u2014 the joint stock company for colonization of the New World.<\/p>\n

By the turn of the 17th century, England had fallen behind in the European scramble for exploration and colonization of the Americas. Spain and Portugal dominated the New World. The English crown, with little revenue to spare, was reluctant to invest treasury money heavily in a venture as risky as overseas exploration. The monarchs were more than happy to let private investors make such a risk, however. The crown chartered joint stock companies, where investors could sponsor colonization and other overseas ventures.<\/p>\n

Important years to note for joint stock companies:<\/h2>\n