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... rthur's pivotal discussion with his father about the new financial system. During this time, significant progress was made: laws were enacted to regulate banking and establish joint-stock companies, and a stock exchange was successfully founded in the capital. Entrepreneurs across the kingdom were quick to recognize the immense opportunities presented by these changes. As a result, banks began to spring up, new joint-stock companies were founded, and trading activity on the stock exchange increa ...

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