asked 152k views
4 votes
The development of banking during the Commercial Revolution in western Europe was significant because it what?

1 Answer

2 votes

Answer:

Among the features associated with it were a surge in overseas trade, the appearance of the chartered company, acceptance of the principles of mercantilism, the creation of a money economy, increased economic specialization, and the establishment of such new institutions as the state bank, the bourse, and the futures

Step-by-step explanation:

answered
User Jakelit
by
8.3k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.