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History of Credit and Commerce by ScribdTranslations is a document available to read on EtoBox.
What is History of Credit and Commerce about?
The document summarizes the historical background of trade and credit. It explains that trade emerged with agriculture in the Neolithic and that the introduction of currency revolutionized commercial transactions. It also describes how the Crusades boosted medieval trade and how guilds and the Knights Templar created primitive forms of banking. Finally, it concludes that trade requires trust and credit to function effectively.
- Author
- ScribdTranslations
- Language
- EN