Economy, asked by CHETANbera891, 1 year ago

Why joint stock company play an important role in economy?

Answers

Answered by Anonymous
0
Heya....

Joint stock company plays an important role in economy because...

1 These company having the organization to recruit investors and raised enough money to attempt to established colony....

2 They also raised additional capital from investors after the initial settlement established...

3 They diffused risk related to investment..

4 Having wide scopes of expansion...
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