Why did the establishment of some English colonies require the creation of joint-stock companies? Colonies were seldom profitable and banks were needed to support them.
Colonies were risky and individuals were unwilling to invest all of their money in them.
Some colonies were attacked by Native Americans and soldiers were needed to defend them.
Some colonies were founded as royal colonies and the monarchy recruited colonists for them.

Why were joint stock companies so important? Joint stock companies allowed England to become a major player in colonization of the New World. Without joint stock companies, the British may not have been able (or willing) to afford to create the thirteen colonies. Joint stock companies were also used for trade.

Explanation:

im not sure its either a leader of a group of congresspeople or a person from a congressmans district

sorry im not sure

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