An Advance in Sid Meier's
Civilization.
Modern banking arose during the
Renaissance among the merchant families of the
Italian city-states. These families benefited from the increase in trade, both with the
Middle East and within
Europe. Wealthy merchants pooled their surplus money into a
bank, then loaned
cash (with
interest) to other
commercial enterprises. The availability of this
capital for
investment made many new
businesses possible, accelerating economic growth.
Prerequisites: Trade and
The Republic.
Allows for: Industrialization.