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What Trade the use of money and banks that lent money to merchants were characteristics of European?
The use of money and banks that lent to merchants were key characteristics of European trade during the Middle Ages and the Renaissance. This banking system facilitated commerce by providing credit to merchants, enabling them to finance larger trade ventures and reduce reliance on cash transactions. The establishment of banks, such as the Medici in Florence, helped to standardize currency and improve the overall efficiency of trade across Europe. These financial innovations contributed to the growth of a more interconnected economy and laid the groundwork for modern capitalism.
Merchants who took risks to earn high profits?
Entrepreneurs were merchants who took risks in the hope of high profits.
Why were merchants important?
they where important because if there was no merchants then the romans would have not had there daily needs like vegetables wine and pottery
What is the population of Deccan Merchants Co-operative Bank?
Deccan Merchants Co-operative Bank's population is 135.
Do all credit card merchants offer reward programs?
"Credit card merchants offer varying rewards programs. This includes some merchants who do not offer any rewards programs, but instead offer lower rates."
What did European merchants learn from their muslim counterparts?
European merchants learned techniques on how to manufacture paper from their Muslim counterparts.
How did European merchants get to Asia?
silk road
To which area were European merchants restricted?
The island of Macao
By what century was the European economy sufficiently strong to drive Muslim merchants from European markets?
Twelfth
What did European merchants want?
They wanted GOLD because it is super rare!
How did the merchants contribute Japan's isolation?
They helped keep out European influences
Why was it difficult for European merchants to trade with china before the early 1800s?
APEX There was little demand for European goods in china.
Why did European merchants fund the crusades?
Why do you spend money at an arcade? Same thing.
What luxury item produced by the safavids and sold to European merchants?
Persian carpets
What European country were the merchants from who first arrived to East Asia during this time?
China
Why did merchants in constantinople have advantage over merchants in other cities?
For merchants from the EAST, it was the Gateway to the European buyers, and for merchants from the West, it was the gateway Asian markets. Situated where it is, straddling the Hellespont, on both continents, with easy land and sea access from all sides, it became the hub of trade.
What was one result of European merchants trading along the silk road?
they became art patrons
