Advanced Placement (AP)

How did join-stock companies contribute to the European race for empire in the seventeenth-century? 1. Joint-stock companies provided explorers with supplies for their voyages.

2. Joint-stock companies pooled resources to sponsor voyages as a gamble on potential profits and losses.

3. Joint-stock companies acted a liaison between explorers and monarchs.

4. Joint-stock companies oversaw relations with Native American groups.

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