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It was the initiation of trade with Portugal

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Q: The one factor responsible for the quickening of China's economy in the sixteenth century was the?
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What was one factor that was responsible for the quickening of China's economy in the 16th century?

It was the initiation of trade with Portugal.


What was stimulated by the economic events during the sixteenth century?

Population growth. When the economy began to do better, people were better off and could live much longer lives.


What was the stimulated by the economic event during the sixteenth century?

Population growth. When the economy began to do better, people were better off and could live much longer lives.


What did the Spanish discover at Potosi in the sixteenth century?

In the sixteenth century, the Spanish discovered a vast silver deposit at Potosi in present-day Bolivia. This discovery led to the establishment of one of the richest silver mines in the world and attracted thousands of miners and settlers seeking wealth. Potosi's silver production had a significant impact on the global economy and played a key role in financing the Spanish Empire.


Why was the sixteenth amendment important to Woodrow Wilson to regulate the economy?

It allowed Congress to levy an income tax.


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The central administration is usually responsible for the command economy and the market economy. The command economy is usually a centrally planned economy whereby the prices and supply are regulated by the government other than the market forces.


What group is responsible for studying the economy and preparing the econmice report?

The Council of Economic Advisors is responsible for studying the economy and preparing the economic report.


What president is responsible for the downturn in the economy?

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What was the economy like in the 20th century?

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How is the American economy different today than it was in the early 20th century?

In the early 20th Century the American Economy was more industrial based. The American Economy in the 21st Century has seen an outsourcing of much of the industrial sector to economies that have "cheaper" labor. The current American Economy is more technologically and scientifically based.


In which century did the economy of Europe sink into a deep depression?

The economy of Europe sank into a deep depression in the 14th century, known as the Black Death. This was a period of widespread economic hardship resulting from the devastating plague that killed millions of people, leading to a decline in trade, population, and productivity.


How did the the New England colonies end up on the 17th century?

They had a diversified economy.