Stock Market

Because these men also traded with debts, they could be called the first brokers. A common misbelief is than in late 13th life Bruges commodity traders gathered inside the house of a populace called Van der Beurze, and in 1309 they became the "Brugse Beurse", institutionalizing what had been, until then, an informal meeting, but actually, the family Van der Beurze had a community hall in Antwerp where those gatherings occurred ; the Van Stock Market der Beurze had Antwerp, as most of the merchants of that period, as their primary home for trading. The idea quickly spread around Flanders and neighboring counties and "Beurzen" pronto opened in Ghent and Amsterdam.

The smooth functioning of all these activities facilitates industrial heightening in that lower costs and enterprise risks promote the production of goods and fighting machine as well as employment. In this means the financial system contributes to increased prosperity.