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| Topic: |
History
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| Number of pages / Number of words: |
3 / 753 |
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They started to enclose their lands, hiring wage labor workers to come in and work their land rather than renting it out to peasants. This was more profitable to the Lord because he could sale anything he didn’t need. Joint-stock companies appeared as people started investing. With all of the bullion flowing in from the new world, it made sense to invest...
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With all of the bullion flowing in from the new world, it made sense to invest. Banking branches were set up all over Europe in major cities to make it easier to trade in different countries. No matter were a merchant was he could talk to someone that represented his bank. Trading also became less complicated when monarchs started to standardize and stand behind coins...
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