All of the Following Were Consequences of the Revival of Trade

question 107

Multiple Choice

All of the following were consequences of the revival of trade except

• A)the development of a money economy.
• B)the establishment of trading companies and banking firms.
• C)the use of contracts and insurance.
• D)the final abandonment of old Roman cities.
• E)the creation of new techniques such as double-entry bookkeeping.

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Definitions:

Dyad

A social group consisting of two persons, the simplest form of human social interaction.

Triad

A social group consisting of three members, with specific dynamics and interactions distinct from larger or smaller groups.

Groupthink

A phenomenon where the desire for harmony or conformity in a group results in an irrational or dysfunctional decision-making outcome.

Organizational Structure

The framework within which an organization arranges its lines of authority and communications, and allocates rights and duties.