Joint-Stock+Company

Joint Stock Company

Joint Stock Companies are made up of private fundraising that supports exploration. The companies monopolized certain areas of trade. These companies had the right to raise armies and coin there own money. They acted as independent goverment in the regions they monopolized. They pull money from many investors which makes less of a risk and then all share the wealth. The two main joint stock companies were the Dutch East India Company and the British East India Company. The Dutch East Indies Company ruled in Taiwan for many years while the British East Indies Company did something similar in the Americas. These companies employ factors to be agents of certain areas. The factors fight which ends up leading to the Anglo Dutch War.



Sources http://www.qsl.net/vu2sdu/kayalref.html

Units 5 & 6 Terms

Created by Danielle Fishman on 12/7/08 Edited by: Stephen Puckette 12/7/08