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The revival of trade during the Middle Ages stimulated economic growth by increasing demand for goods, which in turn led to the establishment of manufacturing centers to produce these items more efficiently. As trade routes expanded, merchants needed financial services, giving rise to banking institutions that facilitated credit and investment in new ventures. This interconnectedness fostered an environment for innovation and capital accumulation, allowing for greater investment in both manufacturing processes and infrastructure. Overall, the resurgence of trade acted as a catalyst for the development of a more complex economic system, paving the way for modern capitalism.

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Simple reversionary bonus system?

distinguish between ordinary revival scheme and special revival scheme


Merits demerits of banking?

ADVANTAGES Retail banking has inherent advantages outweighing certain disadvantages. Advantages are analyzed from the resource angle and asset angle. RESOURCE SIDE o Retail deposits are stable and constitute core deposits. o They are interest insensitive and less bargaining for additional interest. o They constitute low cost funds for the banks. o Effective customer relationship management with the retail customers built a strong customer base. o Retail banking increases the subsidiary business of the banks. ASSETS SIDE o Retail banking results in better yield and improved bottom line for a bank. o Retail segment is a good avenue for funds deployment. o Consumer loans are presumed to be of lower risk and NPA perception. o Helps economic revival of the nation through increased production activity. o Improves lifestyle and fulfils aspirations of the people through affordable credit. o Innovative product development credit. o Retail banking involves minimum marketing efforts in a demand -driven economy. o Diversified portfolio due to huge customer base enables bank to reduce their dependence on few or single borrower o Banks can earn good profits by providing non fund based or fee based services without deploying their funds. DISADVANTAGES o Designing own and new financial products is very costly and time consuming for the bank. o Customers now-a-days prefer net banking to branch banking. The banks that are slow in introducing technology-based products, are finding it difficult to retain the customers who wish to opt for net banking. o Customers are attracted towards other financial products like mutual funds etc. o Though banks are investing heavily in technology, they are not able to exploit the same to the full extent. o A major disadvantage is monitoring and follow up of huge volume of loan accounts inducing banks to spend heavily in human resource department. o Long term loans like housing loan due to its long repayment term in the absence of proper follow-up, can become NPAs. o The volume of amount borrowed by a single customer is very low as compared to wholesale banking. This does not allow banks to to exploit the advantage of earning huge profits from single customer as in case of wholesale banking


What is Wayne Brady's salary on lets make a deal?

Wayne Brady's salary for hosting "Let's Make a Deal" is estimated to be around $1.5 million per year. This figure can vary based on factors such as contract negotiations and the show's success. Brady has been the host since the show's revival in 2009, contributing to its popularity and longevity.


What is renewed interest in something called?

Renewed interest in something is often referred to as a "resurgence" or "revival." This term indicates a renewed focus or enthusiasm for a particular topic, trend, or cultural phenomenon that may have waned or fallen out of favor previously. Such resurgences can occur in various fields, including fashion, music, art, and technology, often driven by nostalgia, new interpretations, or changes in societal values.


How do you write a letter for bank account revival?

In certain countries, if you have not used a bank account for some time and the bank has not been able to contact you, the accounts are closed/frozen and the funds are transferred to the government. If this has happened to an account that you own or may have inherited, then the bank (any bank actually) will be able to tell you how to go about getting the money back. There will be a procedure in your country for this. You will have to prove you own the account (old statements/bankbooks etc) and provide proof of identity and residency as part of the process.

Related Questions

How did the revival of trade help in the development of manufacturing banking and investing?

The revival of trade in the late Middle Ages stimulated demand for goods, leading to increased production and the establishment of manufacturing processes. As merchants and traders accumulated wealth, they sought ways to finance their ventures, giving rise to banking institutions that provided loans and credit. This financial infrastructure facilitated investments in new technologies and ventures, further enhancing productivity and economic growth. Consequently, the intertwining of trade, manufacturing, and banking laid the foundation for the modern capitalist economy.


What three important developments resulted in the revival of European trade?

1. manufacturing 2. banking 3. investment


What led to the factors of revival of trade?

The revival of trade was primarily driven by the growth of population and urbanization, which increased demand for goods and services. The establishment of trade routes and improved transportation methods facilitated the movement of products across regions. Additionally, the rise of merchant classes and the development of banking systems provided the necessary financial support for trade activities. Political stability and the emergence of strong states also played a crucial role in fostering a favorable environment for commerce.


What development led to the revival of trade throughout medieval Europe between 1000 and 1300?

by bringing more stability to society


Why was the Medici I'mportant to the renaissance?

The Medici family was crucial to the Renaissance due to their significant patronage of the arts and humanism, which helped fuel the cultural revival of the period. Their financial support enabled artists like Michelangelo, Leonardo da Vinci, and Botticelli to create masterpieces that defined Renaissance art. Additionally, the Medici's influence in politics and banking facilitated the spread of Renaissance ideas across Europe, establishing Florence as a cultural hub. Their legacy continues to be felt in art, architecture, and the development of modern banking.


What is shunos super revival?

Shuno's super revival is Jampshen


When was The Great Revival created?

The Great Revival was created in 2007.


What is the ISBN of The Magical Revival?

The ISBN of The Magical Revival is 087728217X.


When was The Magical Revival created?

The Magical Revival was created in 1972.


When was Slow Revival created?

Slow Revival was created in 1994.


When did Revival Party end?

Revival Party ended in 1960.


When was Revival Party created?

Revival Party was created in 1920.