US History timeline & concept chart: 16th-18th centuries (to 1754) British-American colonies: Difference between revisions

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*** relations with Indians deteriorated
*** relations with Indians deteriorated


=== '''Joint-stock company''' ===
=== Joint-stock company===
* = artificial entity to limit liability and distribute profits/losses across multiple ownership via “stocks” or portions of the enterprise
* = artificial entity to limit liability and distribute profits/losses across multiple ownership via “stocks” or portions of the enterprise
* originated in order to distribute risk in dangerous/ uncertain ventures such as trans-oceanic trade or colonial enterprise
* originated in order to distribute risk in dangerous/ uncertain ventures such as trans-oceanic trade or colonial enterprise