According to legend, Ancient Rome was founded by the two brothers, and demigods, Romulus and Remus, on 21 April 753 BCE. The legend claims that in an argument over who would rule the city (or, in another version, where the city would be located) Romulus killed Remus and named the city after himself.
Macroeconomics is a branch of economics that studies how the aggregate economy behaves. A variety of economy-wide phenomena is examined such as, inflation, price levels, rate of growth, national income, gross domestic product (GDP), and changes in unemployment.
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Venetian explorer, Marco Polo, told his cellmate during his imprisonment after the Venetian-Genoese War about his travels to the Far East. These accounts became a book , later entitled "The Travels of Marco Polo" which was influential in sparking people's curiosity of the East.
The first impact was that Marco Polo was able to bring elements of Western culture to the East and Eastern culture back to the West. Because of his exploration Indonesia, Mongolia, Sri Lanka, and India, China began to experience Western culture.
Next, Marco Polo's interactions with Mongolian emperor Kublai Khan led to commercial exchange with Western merchants who were now arriving in China. This increased Chinese's growth as a civilization.
The Silk Road, an easier route to travel around the Gobi Desert, traced by the Polos had a huge effect in the future of European and Chinese interaction. It would prove to be a more effective route than to sail the oceans to China.
