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- A commercial venture that spurred exploration by bringing togethermany investors and merchants in order to minimize the risksand costs of the investment.- Privately held, with government support (i.e., a government charter).- Shares/stock were bought by individuals, and the shared investment was used to buy ships and finance trade.- Two of the most profitable companies were the Dutch East India Company, which established a monopoly over the spice trade (by securing trade routes to Indonesia), and the British East India Company.- Were a significant part of mercantilism in that they played the role of bringing raw materials and resources back to the mother country.

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