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Historians Generally Agree That Technology Played a Crucial Role in the Dramatic

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Essay

Historians generally agree that technology played a crucial role in the dramatic population growth that occurred in Europe between 1000 and 1200, but they are less confident when explaining exactly how technology caused that development.  Using the example of agriculture, explain some of the problems historians face in drawing specific conclusions from the available evidence.


Definitions:

WACC

Abbreviation for Weighted Average Cost of Capital, a calculation of a firm's cost of capital in which each category of capital is proportionately weighted, reflecting the cost of each type of capital (debt, equity, etc.) to the overall business.

Debt-Equity Ratio

A financial benchmark illustrating the ratio of debt to equity used in asset financing for a company.

Tax Rate

The tax obligation calculated as a percentage of income for private individuals or companies.

Net Present Value

A calculation used to determine the value of an investment by estimating future cash flows and discounting them to their present value.

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