The joint-stock company, in which individual men invested and profited in proportion to the number of shares purchased, was the principal instrument of England's overseas expansion. True False

True

Explanation:

A structure of a company where people invest in proportions and usually run by multiple boards of directors and shareholders is known as a joint-stock company. In England, there are various joint-stock companies that helped England to start their operations globally and expand. Joint-stock companies are considered to play a major role in England's overseas expansion.

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