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The economic health increased due to the central
Monarchy this was due to feudal states taking over other feudal
States. During the early middle ages there was no central gov't
In Europe, they were under the control of feudalism.
After 1400ad Europe reached its highest economic points
Since 500ad. Europe at this time was full of wealthy bankers
And merchants they were looking to invest but Europe reached
The point of saturation, they had to look outside the borders of
Europe to make $ they needed exploration of the world to do this
To make this dream a reality the wealthy pooled there $
Together in order to invest in exploration, they would use this
Pooled $ to develop a corporation not at the hands of the gov't
This is called a private sector venture...
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