It was NOT the Industrial Revolution, it was the Commercial Revolution.
commercial
Some would say the Industrial Revolution came between the two and formed the transition. Another view is that mercantilism, which arose during the later half of the Middle Ages, and is exemplified by the activities of the Hanseatic League, and the banking system that arose after the disbanding of the Knights Templar, gave rise to a system sufficiently like capitalism to go by that name.
the role of commercial banking in the development of nigerian economy
by inhibiting the development of banking and paper currency in the colonies
The role of banking in national development is : 1- to control and adjust the rate of foreign exchange . 2- to control the financial stability of the country. 3- to control the interest rate. 4- to control the inflation and deflation. 5- to supply and distribute money equally. 6-mobilise financial resources 7-play advisory role in development
It led to Florence becoming a banking center during the Renaissance
14th century
scientific
Investment banking is a form of capitalism yes. They ability to be involved in investment banking is a right dictated by are free market.
The essential elements of the Commercial Revolution were the expansion of trade and exploration, the development of banking and finance systems, the establishment of colonies and mercantilism, and the growth of capitalism. These elements led to increased economic activity, the rise of merchant classes and capitalism, and the integration of economies on a global scale.
The main idea of the Commercial Revolution was the significant growth in European commerce, trade, and economic activity during the late Middle Ages and early modern period. It brought about changes such as the expansion of global trade networks, the rise of capitalism, and the development of banking systems.
i dont know
Capitalism emerged during the late Middle Ages and early Renaissance in Europe, evolving from feudal economic structures. The rise of capitalism was marked by the growth of trade, investment in businesses, and the development of banking systems.
Describe a recent development in the banking industry. What implications might this development have for the division to which you have applied?
Wayne Sandiford has written: 'Development banking in the Eastern Caribbean' -- subject(s): Development banks, Banks and banking
Some would say the Industrial Revolution came between the two and formed the transition. Another view is that mercantilism, which arose during the later half of the Middle Ages, and is exemplified by the activities of the Hanseatic League, and the banking system that arose after the disbanding of the Knights Templar, gave rise to a system sufficiently like capitalism to go by that name.
1 mobile banking 2 multi cheque facility
Transfer of Development Rights