The Abbasid Conquests of Diverse Climatic Regions and the Establishment

question 28

Multiple Choice

The Abbasid conquests of diverse climatic regions and the establishment of vast trading networks led to which of the following developments?

• A) The growth of large urban centers
• B) The development of an international market
• C) An agricultural revolution
• D) All of the answers are correct

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Definitions:

Automatic Stabilizers

Economic policies and programs, such as unemployment insurance and taxation, that automatically adjust with economic conditions to stabilize income and spending.

Recession

An interval of momentary economic contraction characterized by decreased commercial and industrial operations, commonly signaled by a reduction in Gross Domestic Product over two back-to-back quarters.

Government Budget Deficit

The financial situation that occurs when a government's expenditures exceed its revenues in a given fiscal year.

Automatic Stabilizer

Economic policies and programs, like unemployment insurance and progressive taxation, designed to automatically adjust to changes in economic conditions to stabilize the economy.