Explain the Importance of Technological Developments in the Emergence of Early

question 35

Essay

Explain the importance of technological developments in the emergence of early Afro-Eurasian societies.How did different social needs spur technological developments? How did different technological developments shape certain societies?

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Definitions:

LIFO Cost Flow

A method used in inventory management and accounting where the last items placed in inventory are the first ones to be recorded as sold.

Laptop Computers

Portable personal computers suitable for mobile use.

Net Realizable Value

The estimated selling price of goods, minus the costs of their completion and disposal.

Journal Entry

A record in accounting that signifies a transaction and affects the balance sheet and income statement.