How did the English finance their colonies after 1606

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ChristianA2002 ChristianA2002

06-10-2014
Social Studies

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How did the English finance their colonies after 1606

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soccerplayer141 soccerplayer141 · Answer 1 · 2014-10-06T21:12:27-04:00

soccerplayer141 soccerplayer141

06-10-2014

By forming Joint Stock Companies. A number of investors would pool their resources, and then sell stock in the form of bonds to other investors so as to raise the large sums of capital necessary for financing a colony.

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