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Discuss the Influence of Technological Changes During the Song Period

question 40

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Discuss the influence of technological changes during the Song period.What was the impact of money on trade? Why did the population shift to the south? What role did the scholar-gentry play in these changes?


Definitions:

Discount Rate

An interest rate used by central banks to lend money to commercial banks, intended to influence the broader economy.

Initial Investment

The initial amount of money or capital put into an investment project or venture.

Operating Cash Flow

The amount of money generated by a company's regular business operations, indicating its ability to pay bills, repay debts, and reinvest in its business.

Depreciation

The process of allocating the cost of a tangible asset over its useful life, reflecting the decline in value over time.

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