Answered

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Which aspect of the financial system created by the Commercial Revolution most clearly contributed to the rise of corporations?

A. joint-stock companies
B. state-created banks
C. stock markets
D. stable currencies

Sagot :

GinnyAnswer

Final answer:

Joint-stock companies, stock markets, and state-created banks were key aspects of the financial system during the Commercial Revolution.


Explanation:

Joint-stock companies were a significant aspect of the financial system created during the Commercial Revolution. They allowed for the mobilization of savings through shares and bonds, leading to the birth of modern corporations.

The establishment of stock markets facilitated the trading of shares and bonds, providing a platform for investors to participate in the ownership of these joint-stock companies.

As the financial system evolved, the role of state-created banks and stable currencies played crucial roles in facilitating capital flows and enabling economic growth.


Learn more about Joint-stock companies and the financial system during the Commercial Revolution here:

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