joint stock company Archives - Marketplace

Without the first joint stock company, the U.S. wouldn't exist

by Marketplace Staff

May 7, 2018

Someone had to pay for American colonies. Enter the British merchants adventurers.

A fireboat welcomes the Godspeed, a 17th-century replica ship, as it sails past the Statue of Liberty in New York Harbor in 2006.

Photo by Mario Tama/Getty Images

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