Silk Roads/Land routes
Sea Lanes
they use expansionary polices because it increases the level of aggregate demand,
The industrial revolution means the process of change from an agrarian and handicraft economy to one dominated by industry and machine manufacturing.
<h3>What is an
industrial revolution?</h3>
It referred to the rapid development of industry that occurred in Britain in the late 18th centuries because of the introduction of machinery.
Hence, it also means the the process of change from an agrarian and handicraft economy to one dominated by industry and machine manufacturing.
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