Why were stock companies necessary?

a) Business owners were failing in the new economy

b) taxes had become too high

c) exploration was very expensive

d) farmers had no interest in selling excess crops

C) exploration was very expensive

C) exploration was very expensive

Explanation:

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.