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Questions and Answers
Which ancient civilizations were recorded as having the first prototype banks?
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?
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?
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?
Which families dominated banking in 14th century Florence and established branches in other parts of Europe?
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Where did a number of important innovations in banking take place during the Dutch Republic?
Where did a number of important innovations in banking take place during the Dutch Republic?
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