The banknote (also known as paper money or note) was one of them. Marco Polo was particularly surprised when he first encountered it. Banknotes were not made out of paper, but out of the bark of the mulberry tree. Other products or inventions included the compass, the gunpowder and the printing.
Answer choices are:
a. Falling production
b. High inflation
c.Low GDP
d.Rising unemployment
Correct answer choice is:
b. High inflation
A period of economic expansion is basically the period in which the economy of any country is boosted from a low level to a high level.<span> B</span><span>usiness activities surges and gross domestic product (GDP) is expanded until it reaches a peak. The productivity of goods and services rises and the production houses are completely supported by the government. The banks are forced to increase the interest rates in order to raise the profit.</span>
The Ottoman empire split because of ww1
and the Russian empire
hope this helps
Land, mining, and improved transportation by rail brought settlers to the American West during the Gilded Age. New agricultural machinery allowed farmers to increase crop yields with less labor, but falling prices and rising expenses left them in debt.
