The manor economy was based on the responsibility of the individual. They rarely, if ever traded with anybody. It was very self-sufficiant. The economy during the commercial revolution was very dependant on trade. No induvidual coulid do anything by themself. This is the difference, one used trade and one didn't.
The Commercial Revolution led to the adoption of mercantilism in Europe, while the Industrial Revolution contributed to the end of mercantilism.
The economy is on big difference.
taiwan's economy is already developed, china is still proving~
The increase in the cost of goods within the economy.
The Tang Dynasty was an imperial and is considered the high point of Chinese civilization whose economy at first flourished then declined. The economy during the Song dynasty was one of commercial expansion, financial prosperity, increased international trade-contacts, and a revolution in agricultural productivity.
The Commercial Revolution led to the adoption of mercantilism in Europe, while the Industrial Revolution contributed to the end of mercantilism.
A commercial economy is an economy that has enough food and supplies left over when used, but a subsistence economy is an economy that has enough food. They don't have he extra left over like a commercial economy.
Both created fundamental changes in the European economy.
Yes
Market economy exists near urban areas of population whereas subsistence economy is an economy where rural areas are hub of economic activities
Both created fundamental changes in the European economy.
Both created fundamental changes in the European economy.
what is the difference between barter economy and monetary economy ?
commercial economy those aspects of an economy that are tied to the exchange of goods, services, and labor activities, while economic activity attracts and supports a range of industries.
Market economy
Market economy
Technology and commercial revolution of the maritime voyages of Asians has helped many economy rises overs the years