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Luden [163]
3 years ago
6

Banking during industrial revolution

History
1 answer:
Leokris [45]3 years ago
8 0

Before 1750, the traditional 'start date' for the Industrial revolution, paper money and commercial bills were used in England, but gold and silver were preferred for major transactions and copper for daily trading. There were three tiers of banks already in existence, but only in limited numbers.

Good luck!

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The French were granted the right to conduct unrestricted trade in all Ottoman ports as a result of the capitulations of 1535.

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