What Was an Advantage of the Three-Field System

question 71

Multiple Choice

What was an advantage of the three-field system?

• A)It kept prices for crops high.
• B)It kept more land in cultivation at any given time.
• C)It required less water for irrigation.
• D)It made crops easier to plant and harvest.
• E)It required fewer workers than other systems.

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Definitions:

Bounded Rationality

A concept that decision-makers are limited by the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make decisions.

Heuristics

Mental shortcuts or rules of thumb that simplify decision-making processes.

Preferences

Individual choices or inclinations towards certain options, objects, or outcomes over others.

Heuristics

Simple, efficient rules, either hardwired by evolutionary processes or learned, which help individuals make decisions, come to judgments, and solve problems when facing complex situations or incomplete information.