Praxis II Citizenship

Category - US History

What was the name for British colonies in North America that were founded by joint-stock companies?
  1. Charter colonies
  2. Royal colonies
  3. Proprietary colonies
  4. Self-governing colonies
Explanation
Answer: D - North American colonies founded by British joint-stock companies were known as self-governing colonies because they selected their own governors. Rhode Island and Connecticut are examples of colonies that were originally founded by joint-stock companies. Royal colonies were owned exclusively by the British crown. Proprietary colonies were granted to proprietors outright by the monarch. Eventually, many self-governing and proprietary colonies ended up under total royal control, however.
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