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How did improved transportation lead to economic growth?
Improved transportation technology, in general, led to economic growth because it allowed for the faster transport of goods. This fostered trade and also encouraged new business.
How did the improved transportation lead to economic growth?
Improved transportation technology, in general, led to economic growth because it allowed for the faster transport of goods. This fostered trade and also encouraged new business.
Why did Simon Kuznets win The Prize in Economic Sciences in 1971?
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1971 was awarded to Simon Kuznets for his empirically founded interpretation of economic growth which has led to new and deepened insight into the economic and social structure and process of development.
What directly led to expansion and new economic activity in Western Europe from the eleventh to the fourteenth century?
D. Competition among rival states
What do you understand by the term New International Economic Order?
what is new international economic order
Which two countries led the exploration of New World?
Spain and Portugal led the exploration of the New World
What is the three benefit in the exploration in the new world?
Exploration in the new world led to the discovery of new resources such as gold, silver, and spices which enriched European countries. It also opened up new trade routes and markets, boosting economic growth and promoting cultural exchange. Additionally, exploration contributed to the expansion of knowledge about the world and advancements in navigation and technology.
Which person led the groundwork for a new era of exploration?
THomas hobbes
What are some positive consequences of the Spanish exploration?
Some positive consequences of the Spanish exploration include the exchange of goods and ideas between Europe and the Americas, which led to economic growth and cultural exchange. The exploration also resulted in the expansion of European knowledge about the world and the discovery of new lands and resources.
Which of Louis Pasteur's theories led to new standards of hygiene in hospitals?
It was the Germ theory.
How did trade influence exploration?
Trade influenced exploration by creating a demand for new goods and resources that were not available locally. This led to the search for new trade routes and markets, prompting explorers to journey to distant lands in search of economic opportunities. Additionally, trade networks and connections established through exploration helped to facilitate the exchange of ideas, cultures, and technologies between different regions.
Prince Henry's interest in navigation which led to the exploration of the New World created new opportunities for trade and helped to cause the eventual end of?
Prince Henry's interest in navigation, which led to the exploration of the New World, created new opportunities for trade and helped to cause the eventual end of ______.
What are good things th at have happened to Africa because of the age of exploration?
The Age of Exploration brought about positive impacts on Africa such as the introduction of new crops, goods, and technology, as well as increased cultural exchange. It also led to the establishment of trading networks that contributed to economic growth in certain regions. Additionally, the exploration of new trade routes helped Africa become connected to the global economy.
What were the social and economic impacts of exploration on the people of each continent?
Some economic impacts of exploration are that after the age of exploration slavery started on Africans and Native Americans. Many new plants and animals were found. New diseases were spread to each other and they didn't know how to cure them so many people died.
What factors led to European exploration and colonization of the Americas?
The item that led to exploration of the New World was the desire for direct routes by sea. The English wanted more money and more power.
What is an economic reason for the discovery and exploration of America?
the answer is D: the desire to find a new water route to asia
Who led the first exploration in 1539 into the regions you now call Arizona and New Mexico?
Fray Marcos
