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igomit [66]
3 years ago
10

What effect did the growth of chartered companies have on european economies?

History
2 answers:
Inessa [10]3 years ago
5 0

Answer:

The first stock exchanges were created

Explanation:

The world's first stock exchange probably came in 1487 in Bruges, Belgium, with the growth of chartered companies. Later, in 1531, the Belgian exchange, based in the negotiation of loans, was to be created in Antwerp. The earliest known actions were issued in 1602 on the Amsterdam Stock Exchange by the Dutch East India Company, which at the time monopolized colonization in Asia.

Phantasy [73]3 years ago
3 0
The effect that the growth of chartered companies had on European economies is that the first stock exchanges were created.
As a result of there being more and more chartered companies, some forms of stock exchanges had to be opened in Europe.
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