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9-12

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Auditory, Visual

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The Origin of Banking

This video from the PBS documentary The Ascent of Money looks at early Renaissance Italy, when credit came of age, and explores how money lending became the foundation of a new kind of power. Against the backdrop of the powerful Medici family, historian Niall Ferguson describes how credit became a legitimate international business and led to the birth of modern banking.

Learn more about The Ascent of Money.

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