1. established government policies that favored merchants and protected the nation’s economy---------------mercantilism
Mercantilism was the fundamental financial arrangement of exchange used from the sixteenth to eighteenth century. Mercantilist scholars trusted that the measure of riches on the planet was static. In this manner, European countries took a few steps to guarantee their countries gathered however much of this riches as could be expected. The objective was to expand a country's riches by forcing government direction that supervised the greater part of the country's business advantages. It was trusted national quality could be boosted by constraining imports through duties and amplifying exports.
2. encouraged capitalists to save money----------------banks
A bank is a financial establishment that acknowledges stores from general society and makes credit. Lending exercises can be performed either straightforwardly or in a roundabout way through capital markets. Because of their significance in the monetary soundness of a nation, banks are exceedingly controlled in many nations. Most countries have organized a framework known as fractional reserve banking under which banks hold fluid resources equivalent to just a segment of their present liabilities.
3. allowed investors to engage in speculative trading-------------------insurance companies
We can define insurance company as a business that gives scope, as remuneration coming about because of misfortune, harms, damage, treatment or hardship in return for premium installments. The organization figures the danger of event at that point decides the cost to supplant (pay for) the misfortune to decide the premium amount.