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Which of these BEST describes the relationship between joint-stock companies and capitalism in the 1500-1775 period?


The government heavily regulates joint-stock companies, providing extra national capital for growing trade markets.


Individuals invest private capital with the main goal of establishing a favorable balance of trade for their home countries’ overall economies.


Private investors combine their capital for the common purpose of business ventures such as colonial establishment.


Joint-stock companies can lead to higher rates of inflation which capitalism helps to suppress.


Capitalism did not foster development of joint-stock companies in the 1500-1775 period.

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