Answer:
Explanation:
he city states slowly emerged as powerful independent fiefs and the real Zhou power disintegrated. The states located on the peripheries grew into major territorial powers, and its rulers normally had greater military and economic strength than the king, who was now dependent on a small royal domain around Loyang.
The differences in rates of growth are often attributed to two factors: government and entrepreneurship. The two are not mutually exclusive. In the early stages of sustained growth, government has often provided the incentives for entrepreneurship to take hold.
Economic instability is caused by changes in the conditions that kept the economy stable. Some of these include: Stock market fluctuations. Fall in home prices
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