Answer:
A (Even though japan started the attack...)
Explanation:
Real business cycle theory best in this regard.
Explanation:
Among the other options, option first explains and put pressure on the role of technology in causing economic fluctuations. The new price or change in price affects the total cost of the product and so on the supply and demand. Because almost all firms use oil in one form or another, oil price changes function like technology changes.
The increase in aggregate cost decreases the productivity of the firms. The demand went down which affected the circulation of money in the market and leads to the recession.
Here's the order:
- Ptolemy's map of the world
- the first school of oceanic navigation
- Portuguese caravels with triangular sails
Details:
Ptolemy (ca. 100-150 AD) was an astronomer, mathematician and geographer in the Roman Empire era. Ptolemy's map of the world was a map based on descriptions in Ptolemy's book, <em>Geography, </em>which dates back to around the year 150 AD.
Prince Henry the Navigator started the first school for oceanic navigation at Sagres, Portugal, for training in navigation, map-making, and science. The date of founding of the school (and even full details about it) are a bit uncertain, but it seems to have been established in about 1418. Prince Henry was called "The Navigator" because of his strong support for sending out ocean exploration voyages.
Caravels were developed by the Portuguese around the middle of the 15th century (around 1450). These more agile ships were better suited to ocean sailing than previous ship models used in the calmer waters of the Mediterranean Sea.
Crops from America were grown and sold in Europe and Africa.
