answersLogoWhite

0

One of the most significant factors contributing to the growth of trade is the advancement of transportation and communication technologies. Innovations such as the steam engine, railways, and later, the internet, drastically reduced the time and cost associated with moving goods and information. This facilitated not only domestic trade but also international exchanges, allowing businesses to reach broader markets. Additionally, the establishment of trade agreements and economic policies further encouraged cross-border commerce.

User Avatar

AnswerBot

1mo ago

What else can I help you with?

Related Questions

What factor contributed most of the growth of trade in the New Kingdom?

wealth


What factor contributed most of the growth of trade in the new kingdoms?

wealth


What factor contributed most to the growth of trade in new kingdom?

wealth


What factor contributed most of the grouth of trade in the new kingdom?

i don"t know but subscribe to particular pickle but its the river


What contributed most to the growth of success of Quebec?

knklnknlk


What led to the growth of towns during the Middle Ages?

One factor that led to the growth of towns during the High Middle Ages was that trade flourished. The trade flourished because most of the towns and cities were either near rivers or near a seaport.


What led the growth of towns during the middle ages?

One factor that led to the growth of towns during the High Middle Ages was that trade flourished. The trade flourished because most of the towns and cities were either near rivers or near a seaport.


Which factor contributed most to the establishment of the U.S. Canada border?

javion Johnson contributed most of the establishment of the U.S. Canada border


Which form of transportation contributed most to the growth of the suburbs?

Automobile


What factor most contributed to the spread of the Bantu languages?

Linguists, or people who study languages,have traced the movement of west africansby looking at the languages spoken in AfricaBy Fabrice Tuyizere


Which factor most contributed to the improvement of trade in India during the period of Gupta rule?

The most significant factor that contributed to the improvement of trade in India during the Gupta rule was the establishment of a stable political environment. The Gupta Empire provided peace and security, which facilitated commerce both within India and with neighboring regions, including Southeast Asia and the Mediterranean. Additionally, advancements in infrastructure, such as improved roads and ports, along with the use of standardized currency, further encouraged trade activities during this period.


The natural resources that have most contributed to US economic growth are?

Obama