Europe's Commercial Revolution (13 sept 1200 año – 13 mayo 1700 año)

Descripción:

Capitalism and Joint Stock Companies were two big changes coming from Europe's Commercial Revolution. Capitalism: Economic system based on private ownership and investment of resources for profit. Joint Stock Companies: Investors buy shares of stock in a company's profits. This allowed for risky colonization to take place with minimal risks to large numbers of investors.

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