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Which of the Following Was a Key Development That Encouraged

Question 21

Multiple Choice

Which of the following was a key development that encouraged continental European banks to invest in industrialization?


A) They were allowed to make all active partners liable for the firm's debts.
B) They began to establish limited-liability investments.
C) They replaced many of the old managers with young, aggressive investment bankers.
D) They began to recruit bank deposits from the landed aristocracy.

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