Question

In the 17th century __________________ became the financial center of the continent with the founding of the _____________________________. It initiated transfer banking and allowed a wider distribution of wealth through broader and easier acquisition of merchandise.

a. Paris; Bank of Paris
b. Antwerp; Bank of Antwerp
c. Amsterdam; Bank of Amsterdam
d. London; Bank of London

Answer 1

c. Amsterdam; Bank of Amsterdam

Step-by-step explanation:

Amsterdam became the leading financial institution in the 17th century and held the position for over a century.

They were responsible for establishing three major economic institutions:

1. The Bank of Amsterdam 1609.

2. The Dutch East India Company which was the world's first publicly listed company. It was established in 1602.

3. The Amsterdam Stock Exchange which was the world's first official stock exchange.

I hope my answer helps you