Improvements in Trade and Commerce in the Hellenistic World Were

question 118

Multiple Choice

Improvements in trade and commerce in the Hellenistic world were greatly aided by all of the following except

• A)improvements in harbors.
• B)revolutionary innovations in agriculture.
• C)a money economy.
• D)the development of major trade routes.
• E)the emergence of a large merchant and artisan class.

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Definitions:

Value Of Flexibility

The worth or advantage derived from an entity's ability to adapt to changes, uncertainties, or new opportunities in its environment or operations.

Uncertainty

The state of having limited knowledge about an existing condition or future outcome, making it difficult to accurately predict events.

Negative NPV

A situation where the net present value (NPV) of a project or investment is less than zero, indicating it is expected to lose money.

Rate Of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.