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Dutch invented the joint stock company. The United East India company was formed to enjoy the monopoly of all Dutch trade with nations of East
Dutch invented the joint stock company. The United East India company was formed to enjoy the monopoly of all Dutch trade with nations of East Indies in 1602. They raised capital from the public by issuing stocks. In 1612, the company was not be liquidated as was originally planned. The shareholders had two choices. One was that they get repaid in spices. What was the other choice and what was the outcome of this option
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