Answer:
the growth of banking houses
Explanation:
Based on the evidence in this passage, "the growth of banking houses" was an economic development that encouraged trade in Europe from 1200 to 1450.
This rise of banking houses supported economic growth and also helped to develop interregional trade in luxury goods. The excerpt reveals that there was the use of a means of exchange known as "paper money". This paper money shows the growth of banking houses at that time and probably issued by the banking houses. So, people paid for goods with the use of paper money.
In the Middle Ages, the banks were developed in Europe to aid trading.
Answer:
None of the above ........
Answer: The only African country that successfully resisted European imperialism was Ethiopia.
The Tang rulers established a system of coinage. This was an accomplishment by the Tang Dynasty of China.
The system of coinage began in Tang dynasty and continued its existence in the succeeding dynasties.
Kai Yuan Tong Bao was written in character on the coin currency circulated all throughout China beginning on the Tang dynasty. <span>Kai Yuan Tong Bao's size, weight and the accordance of name with the form made it not only the main currency of the Tang Dynasty but also the norm of the coin in the next dynasties</span>.
Since it was minted during the Tang dynasty, it was used without discontinuity. Its usage even extended to the collapse of the Tang dynasty. This form of money was used for 1300 years before replaced by Hong Xian Tong Bao.
