Answer: trade
During the early middle ages, most trade was carried out by pedlars who travelled between towns and villages. However, by the 12th century, Europe became more prosperous. Busy trade routes developed between major cities of the continent. One of the contributing factors were the Crusades, which brought goods from faraway places to Europe, encouraging trade. With the rise of trade, living standards improved. It also gave rise to the first banks.
Answer:
New Deal legislation solved the economic crisis quickly.
Explanation:
Many spending programs provided highly effective stimulus during the Great Recession. Governments may use fiscal policy—additional government spending or tax cuts—to stimulate the economy during a recession period. In a deep recession and liquidity trap, fiscal policy may be more effective than monetary policy because the government can pay for new investment schemes, creating jobs directly – rather than relying on monetary policy to indirectly encourage business to invest.
Answer:
City-state is a political system consisting of an independent city having sovereignty over contiguous territory and serving as a centre and leader of political, economic, and cultural life.
Explanation:
