How did interactions between Muslims and Europeans affect European financial practices? (1 point) Responses More Christians were able to lend money at interest. More Christians were able to lend money at interest. Using credit instead of cash became more common in business. Using credit instead of cash became more common in business. Landlords began to pay their peasants in cash. Landlords began to pay their peasants in cash. Insuring goods against loss became a common business practice.

1 answer

Interactions between Muslims and Europeans significantly influenced European financial practices, particularly in the area of credit and trade. The correct response is:

Using credit instead of cash became more common in business.

This shift was largely due to the introduction of Islamic financial concepts, including credit and various forms of financial instruments, which eventually led to more sophisticated banking practices in Europe.