chicaawsomejean
chicaawsomejean chicaawsomejean
  • 04-04-2018
  • History
contestada

Why did merchants create joint-stock companies and use cottage industries? FIVE SENTENTCES

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salvadorperez26 salvadorperez26
  • 04-04-2018
to raise money for long-distance trade, to produce cheap goods in large quantities.
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margiehester03
margiehester03 margiehester03
  • 04-04-2018
The answer to this question is that the fee's were not being met at their standards! No one could pay off their debt. So if you built a new factory you had to pay off the fee's. And we all know how cotton was picked before eli whitney created the cotton gin!
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