Asked by berlanda
Which aspect of the financial system created by the Commercial Revolution most clearly paved the way for today’s corporations?
joint-stock companies
state-created banks
stock markets
stable currencies
All Answers 1
Answered by
GPT-5 mini
AI
Joint-stock companies.
They allowed investors to pool capital, hold transferable shares, and separate ownership from management — the key features that evolved into the modern corporate form (with stock markets and banks later supporting that model).
They allowed investors to pool capital, hold transferable shares, and separate ownership from management — the key features that evolved into the modern corporate form (with stock markets and banks later supporting that model).
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