Please Use This Outline Map of Italy to Answer the Question(s)

question 14

Short Answer

Please use this outline map of Italy to answer the question(s).

-On the map of Italy, locate the five major powers that emerged on the Italian peninsula: the kingdom of Naples and Sicily, the Papal States, Florence, Venice, and Milan.

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Definitions:

Comparative Advantage

The ability of an individual, firm, or country to produce a certain good or service at a lower opportunity cost than competitors.

Absolute Advantage

The ability of an individual, firm, or country to produce more of a good or service than competitors using the same amount of resources.

Shoemaking

is the craft or industry involved in the design, production, and repair of shoes, including both traditional techniques and modern manufacturing.

Opportunity Cost

Opportunity cost represents the value of the best alternative that is foregone when making a choice, highlighting the trade-offs involved in any decision.