Question

1. How did groups of investors pool their money and raise large sums of money to invest in
the New World?

Answer 1

Answer:    

Inverters put their money in a joint-stock company.

Explanation:

The joint-stock company was a corporation where the stock sold to investors who in return, provided capital. These companies had shown successful with trading investments through the chartered one. The risk was small, and the returns were quick. Most chartered companies formed by investors seeking to exploit commercial opportunities in trade, frequently in the New World. Investors pooled their wealth together to fund the settlement of colonies in America, for example, Virginia Colony.