What Contributed Most To The Economic Expansion That Took Place During The Commercial Revolution? What contributed most to the economic expansion that took place during the commercial revolution? The catalyst for this expansion was Europe’s discovery and colonization of the Americas. What increased during the Commercial Revolution? Among the features associated with it were a
What Causes The Economy To Move From Its Short Run Equilibrium To Its Long Run Equilibrium? What causes the economy to move from its short-run equilibrium to its long-run equilibrium? The government increases taxes to curb aggregate demand. Nominal wages, prices, and perceptions adjust upward to this new price level. What causes the economy to
What Country Is In Its Golden Age Right Now? The Tang Dynasty (618–907) is considered to be China’s golden age. It was a rich, educated and cosmopolitan realm that was well-governed by the standards of the age and expanded its influence in Inner Asia. It saw a flourishing of Chinese poetry and innovation. Is Norway
Is There A Way For The Economy To Grow Without Using More Resources? The economy can also appear to grow without using more resources, through growth in financial activities such as currency trading, credit default swaps and mortgage-backed securities. Such activities don’t consume much in the way of resources, but make up an increasing fraction
What Are The Problems Of E Commerce Sector In Bangladesh? Additional challenges to eCommerce in Bangladesh include: Inadequate delivery mechanisms. A relatively low internet penetration rate. The lack of a robust online transaction system. What is the current situation of e-commerce in Bangladesh? Current E-commerce Industry Scenario in Bangladesh The E-commerce market in Bangladesh, made
What Country Is An Example Of A Mixed Economy? Mixed economy had brought a lot of changes to the economy of China. Good examples of countries with mixed economy include Iceland, Sweden, France, the United Kingdom, the United States, Russia, China, and Hong Kong, just to name a few. What is an example of a
What Did The British Empire Trade With America? American ships carried products such as lumber, tobacco, rice, and dried fish to Britain. In turn, the mother country sent textiles, and manufactured goods back to America. What did the British Empire do to America? The English established and expanded a number of colonies in the 17th
What Best Describes The Difference Between The Great Leap Forward In China And? What best describes the difference between the Great Leap Forward in China and industrialization in Europe? Workers in the Great Leap made steel, while European workers were given steel during industrialization. The Great Leap featured communes without machines, while European industrialization included
What Are The 4 Agents Of Production? Explanation: The production of real estate requires the inputs of the four factors or agents of production: land, labor, capital, and entrepreneurship. What are the four production agents? The agents of production are commonly classed as Land, Labour and Capital. By Land is meant the material and the
What Did The British Empire Trade? The slave trade made Britain rich. They traded sugar cane, tea, silk, paintings, art, jewels, sugar,cotton, perfumes and tobacco. The British Empire grew the British economy, it traded their goods and all profits were sent to Britain. What did the British Empire export? Exports to the colonies consisted mainly