Which of the Following Was Not an Economic Factor in Medieval

question 32

Multiple Choice

Which of the following was not an economic factor in medieval China?

• A) The central government monopolized certain commodity manufacturing.
• B) Technological advances increased the scope and wealth of the economy.
• C) The introduction of the use of paper currency, credit, banking, and the abacus furthered commercial development.
• D) The Sui dynasty closed the Silk Road.
• E) Blast furnaces were developed.

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Definitions:

Incurs Costs

To have expenses or to bear the expense of an action or operation.

Ratio Scale

A quantitative scale where there is a true zero and equal intervals between neighboring points, allowing for the measurement of absolute quantities and the comparison of ratios.

Measurement

Measurement involves determining the size, quantity, or amount of something, typically by comparing it to a standard unit.

Predictive Statistics

A branch of statistics focused on analyzing current and historical data to make predictions about future or otherwise unknown events.