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IceJOKER [234]
3 years ago
11

The development of banking during the Commercial Revolution in western Europe was significant because it what?

History
1 answer:
jarptica [38.1K]3 years ago
7 0

Answer:

Among the features associated with it were a surge in overseas trade, the appearance of the chartered company, acceptance of the principles of mercantilism, the creation of a money economy, increased economic specialization, and the establishment of such new institutions as the state bank, the bourse, and the futures

Explanation:

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The religious communities enforced new standards, creating a new male leadership role that followed Christian principles and became dominant in the 19th century. Baptists, German Lutherans and Presbyterians, funded their own ministers, and favored disestablishment of the Anglican church.

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