
Advance
Joint Stock Companies
As trade grew, so did the associated risk. New ways of accumulating capital and managing this risk needed to be developed. In joint stock companies, the burden of enterprise was shared among their many shareholders.
UrbanizationAdvancerequiresAdvance tree
Vaccination
Cast Iron Structures
Urbanization
Joint Stock Companies
Insurance Companies then 10 more
State Industrialization Only some countries
Swiss Banking Only some countries
Diplomacy Through Trade Only some countries
Requires 1
UrbanizationRevolutionsRequires
Belongs to 1
RevolutionsAge
Required by 4
Advances
State IndustrializationRevolutionsRequires
Insurance CompaniesRevolutionsRequires
Swiss BankingRevolutionsRequires
Diplomacy Through TradeRevolutionsRequires
icon = merchant_power_from_maritime_reformation_advance



