Answer: The economy of the Middle Ages was based on feudalism.
Explanation:
The economy and social relations of the Middle Ages were based on Feudalism. It is a system headed by a king; below it was on the list the feudal lords to whom the king gave land, the feudal lords allocated land to the soldiers on whom the serfs worked. In case of war, the king asked the feudal lord for an army, the feudal lord hired soldiers for the war, and the serfs received the smallest part of the complete chain, enough to survive. The disappearance of feudalism meant the birth of the economy's first elements; it happened with private property emergence during the XIX. The Industrial Revolution appeared, which forever changed the economic relations in the world, since during the Industrial Revolution, the capitalist system appeared, which is still relevant in the world today.
Answer:
24 time zones. The world is divided into 24 time zones.
Explanation:
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Mike assumed all the risk.
An entrepreneur is typically a small business owner who starts their own business and assumes all the risk. This means that if the business fails, the entrepreneur is the one who looses his investment. If the business is sued or does not deliver on their end of a contract, this is also the responsibility of the entrepreneur.
