Which of the following was a key financial innovation of the eighteenth century?

Question

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The circulation of paper banknotes was a key financial innovation of the eighteenth century, as it allowed for more convenient and efficient transactions, especially in the absence of sufficient coinage. Insurance policies and new international currencies were also developed during this time period, but they were not as significant a financial innovation as paper banknotes.

Which of the Following Was a Key Financial Innovation of the Eighteenth