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Home Q & A Board Humanities History
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ankahukuk ankahukuk
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6 years ago
Joint-stock companies turned out to be poor ways to finance colonies because
 
  a. taxes on the profits of such companies were excessive.
  b. new colonies do not immediately return a profit to investors.
  c. the number of people who could invest in such companies was limited by English law.
  d. the English government insisted on controlling day-to-day operations of these companies.
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Dr.VistaDr.Vista
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6 years ago
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