Answer:
Born in Eisleben, Germany, in 1483, Martin Luther went on to become one of Western history's most significant figures
Answer:
The financial system comprises all financial markets, instruments and institutions. Today I would like to address the issue of whether the design of the financial system matters for economic growth. My view is that the answer to this question is yes. According to cross-country comparisons, individual country studies as well as industry and firm level analyses, a positive link exists between the sophistication of the financial system and economic growth. While some gaps remain, I would say that the financial system is vitally linked to economic performance. Nevertheless, economists still hold conflicting views regarding the underlying mechanisms that explain the positive relation between the degree of development of the financial system and economic development.
Explanation:
The answer is the traditional economy. It is a unique economic system in which conventions, traditions, and convictions help shape the products and the administrations the economy produces, and also the tenets and way of their appropriation. Nations that utilization this kind of monetary framework is frequently country and homestead based.
So each side could get a benefit from the trades. Except the native americans also got disease which wiped.out most of their community.