Question

banking houses develouped as a result of​

Answer 1

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Banking houses are results of capitalism; some of them arose out of usury in the context of the manufactory stage of capitalism—in Italy (14th century) and England (17th century). ... Some banking houses turned into joint-stock banks, in which the former owners of the house held the controlling block of shares....

The most famous Italian bank was the Medici bank, established by Giovanni Medici in 1397. The oldest bank still in existence is Banca Monte dei Paschi di Siena, headquartered in Siena, Italy, which has been operating continuously since 1472....

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Answer 2

Explanation:

capitlism since 1472 this is my answer