What Effect Did Zhou Decentralization Have

question 75

Short Answer

What effect did Zhou decentralization have?

---

Definitions:

Comparative Advantage

is the ability of an entity to produce a good or service at a lower opportunity cost than others, leading to trade benefits.

Opportunity Cost

Overlooking potential advantages by settling on a single alternative.

Sandwiches

A food item typically consisting of two pieces of bread with meat, cheese, vegetables, or other fillings between them.

Production Possibilities Curve

A graphical representation showing the maximum number of goods or services that can be produced using limited resources.