What Was True About the Economy of Southeast Asia in the Sixteenth

question 75

Multiple Choice

What was true about the economy of Southeast Asia in the sixteenth century?

• A) Regional and interregional trade only began to expand with the arrival of the Europeans.
• B) Although agriculture was the economic basis of society, commerce was beginning to affect daily life.
• C) The region exported nothing but agricultural produce.
• D) Agriculture was becoming less commercialized.
• E) Local artisans were the main producers and consumers of luxury goods.

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Definitions:

Wine Drinkers

Individuals who consume wine, often with an appreciation for its varieties and pairings with food.

Interest Rate

The rate at which a loan accrues interest for the borrower, frequently expressed as an annual percentage of the loan's remaining value.

Antique

An item of considerable age valued for its aesthetic or historical significance, often regarded as collectible or desirable due to its rarity and craftsmanship.

Pleasure

A feeling of happiness, satisfaction, or enjoyment derived from various activities or experiences.