Which Region Gained the Most from the Exchanges of Ideas

question 29

Multiple Choice

Which region gained the most from the exchanges of ideas and technologies facilitated by the Mongol Empire?

• A) China
• B) Europe
• C) Sub-Saharan Africa
• D) The Middle East

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Definitions:

Money Supply

The lump sum of monetary assets available in an economy at a particular point.

Real Wages

The purchasing power of wages or income, considering the effects of inflation on buying capacity.

Monetary Policy

Monetary policy involves the management of a nation's money supply and interest rates by its central bank to control inflation, stabilize currency, and achieve economic growth.

Price Level

The average of current prices across the entire spectrum of goods and services produced in the economy, often compared over time to assess inflation.