History 1807 Lecture Notes - Lecture 13: Second Council Of The Lateran, Diophantine Equation, Gain Capital
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Ones who controlled the land controlled the power. Stru(cid:272)ture that(cid:859)s prote(cid:272)ted a(cid:374)d (cid:272)reated (cid:271)y the state to per(cid:373)it the growth of the (cid:373)er(cid:272)ha(cid:374)t (cid:272)lass. 2008 crisis was caused because of the overly risky activity that was taking place former charters that are granted by the state these charters have granted these merchants with a protection. A monopoly form of capitalism is created from there charters. Exploration looking for new wealth: done by merchants. Merchants had to promise to set up towns, legal system, and bring new people to the town every year to increase the population. 3 main hurdles: cultural barrier the rise of the merchant class will take on the cultural barrier, exchange of money. Increase on capital: the interest of capital, practical hurdles the more the merchants gain capital the more they jain on capital activity. Cultural barrier: one of the major impediments to commercial activity and business growth during the.