Commercial Revolution The Growth of Trade (1450 – 1750)
A Look At the Changing Institutions of European Trade
Improvements in Transportation
Rise of the Merchant Class
Urbanization <ul><li>Interdependent </li></ul><ul><li>Trade and cities intertwined </li></ul>
Changing Legal Structure <ul><li>Laws equate to predictable action </li></ul><ul><li>Reduces risk of trade and investment....
Bills of Exchange
Insurance
Taxation Over Confiscation
Economics Association without Kinship
Double Entry Bookkeeping
Moral System Suitable for Commerce
Mercantilist Partnership
Europe’s Political Division
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Commercial Revolution

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Discussion of the qualitative and quantitative changes in the European institutions that led to the commercial revolution

Published in: Economy & Finance, Business
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  • Commercial Revolution

    1. 1. Commercial Revolution The Growth of Trade (1450 – 1750)
    2. 2. A Look At the Changing Institutions of European Trade
    3. 3. Improvements in Transportation
    4. 4. Rise of the Merchant Class
    5. 5. Urbanization <ul><li>Interdependent </li></ul><ul><li>Trade and cities intertwined </li></ul>
    6. 6. Changing Legal Structure <ul><li>Laws equate to predictable action </li></ul><ul><li>Reduces risk of trade and investment. </li></ul><ul><li>Important for Capitalism </li></ul>
    7. 7. Bills of Exchange
    8. 8. Insurance
    9. 9. Taxation Over Confiscation
    10. 10. Economics Association without Kinship
    11. 11. Double Entry Bookkeeping
    12. 12. Moral System Suitable for Commerce
    13. 13. Mercantilist Partnership
    14. 14. Europe’s Political Division

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