Asked by

Dawson Gustafson
on Oct 13, 2024

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The first bankers were

A) goldsmiths.
B) printers.
C) storekeepers.
D) innkeepers.
E) blacksmiths.

First Bankers

Early financial intermediaries who accepted deposits, facilitated loans, and created ways to transfer wealth across great distances.

Goldsmiths

Historically, skilled artisans who made objects out of gold, but in economic context, also referred to as early bankers who issued loans and held deposits.

  • Grasp the origins of banking and the evolution of money creation methods.
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Taylor SpencerOct 14, 2024
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