Worlds Meet
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Which aspect of the financial system created by the Commercial Revolution most clearly paved the way for today's
corporations?
joint-stock companies
state-created banks
stock markets
stable currencies

Question

09-06-2024
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Worlds Meet
Pre-Test
Active
1
2
3
4
5
678910
TIME REMA
54:40
Which aspect of the financial system created by the Commercial Revolution most clearly paved the way for today's
corporations?
joint-stock companies
state-created banks
stock markets
stable currencies

Sagot :

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GinnyAnsweridn GinnyAnsweridn · Answer 1 · 2024-06-09T02:51:04-04:00

Final answer:

Joint-stock companies and stock markets played crucial roles in shaping today's corporations by enabling capital mobilization and trading of securities.

Explanation:

Joint-stock companies were a key aspect of the financial system created by the Commercial Revolution that paved the way for today's corporations. These companies allowed for the pooling of savings through shares and bonds, enabling the mobilization of capital for business endeavors. The emergence of stock markets further facilitated the growth and development of modern corporations by providing platforms for trading securities and raising capital.

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