Banking began inA) biblical times.B) medieval times.C) the 19 th century.D) the 20 th century.

Question

Banking began inA) biblical times.B) medieval times.C) the 19 th  century.D) the 20 th  century.

Gabriela Ramcharan · Accepted Answer

Final Answer : B, Explanation :  Banking can be traced back to medieval times when merchants and money lenders began keeping their coins and valuables in secure places and offering loans to others. The first banks as we know them today, however, began emerging in the 17th century in Europe.

Banking began in

A) biblical times.
B) medieval times.
C) the 19^th century.
D) the 20^th century.

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Learning Objectives

Related questions

Banking began inA) biblical times.B) medieval times.C) the 19th century.D) the 20th century.

Definitions

Learning Objectives

Learning Objectives

Related questions

Banking began in

A) biblical times.
B) medieval times.
C) the 19^th century.
D) the 20^th century.