How did goldsmiths increase the money supply?

Explanation:

Money supply means the availability of money in the economy. The increase in the money supply means the increase in the availability of money in the economy. When talking about the increase in the money supply of an individual, it means the increase in the money of that person. Goldsmiths is a jewelry retailer who sells luxurious gold sets to the consumers. They have more than 120 showrooms in Great Britain and Ireland. They started to lending out part of their customer's gold by printing receipts in excess of actual gold holdings.

the definition of a small business is an independently owned and operated company that is limited in size and in revenue depending on the industry. a local bakery that employs 10 people is an example of a small business. a manufacturing facility that employees less than 500 people is an example of a small business.