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Tuesday, March 25, 2014

What Financial Institutions Facilitated Industrial Production?

During the Industrial Revolution, various financial institutions emerged and aided in the facilitation of industrial production. These institutions, which expanded rapidly during the time period, include stock markets, insurance companies, limited liability corporations, banks, and large scale transnational businesses. In addition to the physical institutions, the continual development of capitalism and classical liberalism inspired and expanded industrial production.


Sources:
Smith, Bonnie G., Marc Van De Mieroop, Richard Von Glahn, and Kris
Lane. Crossroads and Cultures: A History of The World's Peoples. First
ed. Boston: Bedford/St. Martin's, 2012. Print.

Strickland, Bill. AP World History: Key Concepts and Focus Questions. N.p.: n.p., n.d. PDF.

1 comment:

  1. I haven't looked yet, but some of these should show up in your key terms page.

    ReplyDelete