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And this is three Illustrated videotex×39’re going to take a look at the word joint stock company IN×39’m going to focus on this word joint first and IN×39;going to have this little drawing pop sphere it looks similar to bones now joint reminds me of where two bones meet and that helps me to understand the meaning of the word joint it means together soon or two things come together like San ax joint in your bones joint stock company means coming together we'redoing to talk about how people come together so joint means together, and then I want to take a look at the Woodstock and show you the picture of something you may be familiar with stock that is every day if you look at the stock market the prices go up they go down they go back up and back down and what we×39’re talking about of courses money the stock market is about making money and the prices of their stock will continue to go up or down audit changes every day now that will Bethe meaning of joint stock company but Want to go into how we use it in history class IN×39’m going to start outwear with a little of a background here the way we typically use it is today well we have some people, and they want to go to America that's how we typically talk in our class people in England they want to come over here and visit America the reason why they want to visit America is that they've heard dwell their×39’s a big box of treasure overhear that×39’ve heard that there's a LOOF gold and it×39’s just hanging out on the ground all you have to do is pick it upland you're going to get rich the problem for the people over here though is that they need to get there to get Heather×39’re going to need a boat and individually each one of those people here they don't have enough money individually they're done×39’t but if they came together like this word joint mentions if they would all come together and add up their money they would have enough to start a company they could buy the boat they could sail to America they could get the gold they could come back, and they would divide the money based on much money each person put in this is the simple definition of a joint-stockcompany
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