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US History timeline & concept chart: 16th-18th centuries (to 1754) British-American colonies: Difference between revisions
US History timeline & concept chart: 16th-18th centuries (to 1754) British-American colonies (view source)
Revision as of 01:51, 29 October 2021
, 29 October 2021→Joint-stock company
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*** relations with Indians deteriorated | *** relations with Indians deteriorated | ||
=== | === 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 | ||