How did the role of finance evolve over time
Money plays an important role in economic history. Discuss how it has evolved. In doing so explain what problems money solved and what problems it encountered over time. What were the commercial banks roles in money’s evolution. Did this role differ from that which the central banks played?
How did the role of evolve over time? Consider we discussed the London Stock Market, banking, trade in medieval Italy and beyond, as well several crisis just to name a few ways of considering this question.
The view of economic historians about both gdp growth and growth in gdp per capita has changed over time. How has it changed and why has it changed?
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