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Capital was large sums of money needed by merchants to invest in businesses and trading ventures?
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∙ 14y ago
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Wiki User
∙ 14y ago
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Large sums of money needed by merchants to invest in businesses and trading ventures?
Capital was large sums of money needed by merchants to invest in businesses and trading ventures.
Why did merchants need to borrow money to launch overses trading ventures?
because then they wouldent be able to participate in the trading
Why did merchants need to borrow money to launch overseas trading ventures?
Because they just did
How did merchants raise the money for overseas trade?
They asked for grants
What was large sums of money needed by merchants to invest in business?
Merchants often require large sums of money to invest in various aspects of their business. This could include purchasing inventory in bulk, renting or buying commercial space, investing in machinery or equipment, and financing marketing and advertising campaigns. Additionally, they may need capital to expand operations, hire more employees, or introduce new products/services. Overall, these investments are essential for merchants to drive growth and maximize profits.
Who spread the alphabet as they went on trading ventures?
The Phoenicians.
What were merchants called that colonies were financed by?
To finance colonies, merchants formed joint stock trading companies, that allowed them to pool resources and share risks. These were the earliest form of corporation. The ventures were high risk, but had the possibility of paying off very well and quickly.
The East India Company was established to?
finance trading ventures
What happened to united merchants and manufacturers inc and are they still trading?
united merchants are NOT trading in SOME states but thet may in others
What did trading ventures introduce to china?
seeds, peppers, and dates.not opium.
What is the difference between trading business and service business?
Trading businesses and service businesses
Give an example of trading business?
All retail and wholesale businesses are the examples of trading businesses like WalMart, Carrefour are two of the best examples of trading businesses today.
