Immediately to the East of the Carolingian Territories Lay

question 24

Multiple Choice

Immediately to the east of the Carolingian territories lay

• A)a vast empty steppe (prairie)extending to the Ural Mountains.
• B)Slavic lands, some of which were converted to Catholicism and some to Orthodoxy.
• C)Scandinavia, with a monarchy rising in Denmark under Carolingian pressure.
• D)the most northern lands of Islam.
• E)colonies of Byzantium.

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Definitions:

Private Investment

Expenditures by private sector entities on means of production, such as infrastructure or equipment, intended to yield future returns.

Prosperity

A state of economic growth and stability, characterized by high levels of employment, income, and consumer confidence.

Crowding-In Effect

An economic theory suggesting that increased government spending leads to an increase in private sector investment.

Government Spending

Expenditures made by the government sector including spending on goods and services, public projects, and transfer payments.