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navik [9.2K]
3 years ago
15

Using examples from the lessons, defend or reject the following statement in two to three complete paragraphs:

History
1 answer:
e-lub [12.9K]3 years ago
8 0
I will defend that statement.
The medieval guilds and banking system operate in a very similar style with Venture capitals and modern banks.
The existence of these organizations provide a new way to circulate the money from capital owner to borrowers and helped to expand the economy into what we see today.
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