Europe's Commercial Revolution (13 sett 1200 anni – 13 magg 1700 anni)

Descrizione:

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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