Question

Select all that apply. The East India Company was one of the world’s

Multiple select question.
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A)
most famous joint-stock companies that became a corporation.

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B)
first companies that traded humans for goods.

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C)
last companies to sell goods from Asia to Europe.

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D)
most successful companies at using subsidies.

Answer 1

A and D

- A: True — the East India Company is one of the best-known early joint‑stock companies that grew into a powerful corporation.
- D: True — companies like the East India Company were highly effective at using state backing, charters, monopolies and subsidies to expand and protect their trade.