4.5 Financial Markets

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Last updated 7:41 AM on 2/5/26
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5 Terms

1
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Bank of England founded In

1694

2
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Bank of Scotland founded inn

1695

3
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numerous banks established in

18th cent.

4
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banking services offered to less wealthy in

1930s

5
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Currency before 1971

  • Pound/ Shilling (S)/ Pence (d)

  • 12 pence to one shilling, 20 shillings to one pound