What effect did the growth of chartered companies have on european economies?

The first stock exchanges were created

Explanation:

The world's first stock exchange probably came in 1487 in Bruges, Belgium, with the growth of chartered companies. Later, in 1531, the Belgian exchange, based in the negotiation of loans, was to be created in Antwerp. The earliest known actions were issued in 1602 on the Amsterdam Stock Exchange by the Dutch East India Company, which at the time monopolized colonization in Asia.

after the roman empire, the catholic church began to unify by taking on many duties of a government.

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