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How Did New Technologies, Practices, and Knowledge Improve European Life

question 64

Essay

How did new technologies, practices, and knowledge improve European life after the plague? Were these improvements equally distributed across classes? Why or why not?


Definitions:

Straight-Line Method

A method of calculating depreciation by evenly allocating the cost of an asset over its useful life.

Semiannual Amortization

The process of periodically reducing the value of a debt or an intangible asset over two times in a year.

Issuing Corporation

A company that has issued securities through an initial public offering (IPO) and has its shares bought and sold by investors.

Discount

A reduction applied to the normal selling price of goods or services, often used as an incentive to increase sales or clear inventory.

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