Exploring the History of Banking
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Questions and Answers

Which ancient civilizations were recorded as having the first prototype banks?

  • China and India
  • Florence, Venice, and Genoa
  • Assyria and Babylonia (correct)
  • Greece and Rome
  • What were the two important innovations added by lenders in ancient Greece and the Roman Empire?

  • Establishing branches in other parts of Europe
  • Making grain loans and recording transactions
  • Spreading banking through Europe
  • Accepting deposits and changing money (correct)
  • Which cities in medieval and early Renaissance Italy were known for their dominance in banking?

  • Greece and Rome
  • Florence, Venice, and Genoa (correct)
  • Assyria and Babylonia
  • Amsterdam
  • Which families dominated banking in 14th century Florence and established branches in other parts of Europe?

    <p>Bardi and Peruzzi</p> Signup and view all the answers

    Where did a number of important innovations in banking take place during the Dutch Republic?

    <p>Amsterdam</p> Signup and view all the answers

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