Answered

Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

During the rise of capitalism in Europe, merchants and bankers began to establish (1) systems based on bartering (2) rules that forbid loans to the wealthy (3) quotas to control production (4) insurance companies and joint stock companies

Sagot :

During the rise of capitalism in Europe, merchants and bankers began to establish " insurance companies and joint stock companies" which played a major role in the rise of financial firms. 
holesstanham

Answer:

(4) insurance companies and joint stock companies.

Explanation:

These were some of the institutions that were established during the period of time that saw the rise of capitalism in Europe. During this time, Europe saw a transition from a mercantilist economy (one mostly focused on the trade of goods and the belief that there is a limited amount of wealth in the world) to a capitalist economy that relied on a price system and private ownership of capital. Insurance companies and joint stock companies developed as a reaction to this, and allowed the ideological move to occur more easily.

We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.