The major contribution of goldsmiths to the development of modern banking was
a. local banking.
b. market banking.
c. fractional reserve banking.
d. gold standard banking.
c
Economics
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What is the likely reason for the Industrial Revolution to have started in Britain and not somewhere else?
What will be an ideal response?
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Bond rating agencies are important in the channeling of funds to __________ firms in __________-oriented systems
A) small; banking B) small; markets C) large; banking D) large; markets
Economics