answersLogoWhite

0

The need for money investment stimulated the growth of banks.

Also, people started to use credit instead

of carrying gold.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

What new business practices arose as trade expanded?

As trade expanded, several new business practices emerged, including the establishment of joint-stock companies, which allowed multiple investors to pool resources and share risks in long-distance ventures. The use of bills of exchange facilitated credit and payment across distances, enhancing trade efficiency. Additionally, the development of double-entry bookkeeping improved financial record-keeping, enabling businesses to track profits and losses more accurately. These innovations contributed to a more sophisticated and interconnected global economy.


What three religions arose in the Middle East?

The three religions that arose in the Middle East are Judaism, Christianity, and Islam.


What dramatic architecture arose during the middle ages?

Gothic


Why is a group of ferrets called a business?

A group of ferrets is called a business or busy-ness. In the Middle Ages the word was spelled "besynes" and the alleged term "fesynes" arose in 1801 through a transcription error in Joseph Strutt's Sports and Pastimes.


What 5 letter words contain ros in the middle?

prosearoseprosearoseprosearoseprosearose


What movement arose to challenge the elitist practices of the Catholic Church?

This is a question from StudyBlue which lists the answer as the Protestant reformation.


How much time pass between the beginning of the Nubian civilization and Egyptian expansion into Nubia?

About 1400 years. First civilizations arose in Nubia: 3200 B.C. Egypt expanded its borders into Nubia: about 1800 B.C.


What is a group of ferrets called?

A group of ferrets is called a "business" or busy-ness.In the Middle Ages the word was spelled "besynes" and the alleged term "fesynes" arose in 1801 through a transcription error in Joseph Strutt's Sports and Pastimes.


What monotheistic reliogions arose out of the middle east through the influence of zoroastrianism?

judaism, christianity, and islam


What arose in towns as an association of business people with the same interests?

the answer is unions i got the right on the test


The middle class that rose to power in Europe after the Middle Ages was MOST associated with which occupation?

The middle class in Europe arose from traders and merchants who exploited the increased interest in goods and products from foreign lands to build their personal wealth.


What is arose?

Arose means to get up.Amy arose from her bed after waking up.