What Was the Only True Source of Wealth for the Nobility

question 23

Multiple Choice

What was the only true source of wealth for the nobility during the Middle Ages?

• A)A plentiful supply of gold.
• B)Holding hereditary rank.
• C)Earning their wealth through trade.
• D)Land ownership.
• E)Church donations.

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Definitions:

Iron And Steel

Basic industries crucial for the development of any modern economy, involved in the production of metals from iron ore and the forging of industrial and consumer goods.

Industrial Development

The process of establishing and growing industries within a country or region, including the expansion of manufacturing, infrastructure, and technology, often leading to economic growth and societal changes.

Wage Labor

A form of labor where workers sell their labor power for a wage to an employer, under a contract of employment.

Automation

The technology by which a process or procedure is performed with minimal human assistance, often used in manufacturing, computing, and various services.