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This change caused the Commercial Revolution, or the establishment of many types of new businesses. The Commercial Revolution was caused not only from the income of the trading of goods, but also the large amounts of gold an silver that were found and shipped back to Europe. These large amounts of money led to capitalism and the beginning of banking and insurance...
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These large amounts of money led to capitalism and the beginning of banking and insurance. One important business that developed as a result of capitalism, was the joint-stock company. It allowed a person to be able to own part of a company by buying stock in it. If the company received a profit, the stockholders received a small amount also...
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