China Fell Behind Technologically During the Ming and Qing Dynasties

question 67

Multiple Choice

China fell behind technologically during the Ming and Qing dynasties in large part because

• A)of the collapse of the civil service examination system.
• B)Europeans refused to share their advanced technology with the Chinese.
• C)of a massive Qing-forced exile of intellectuals as part of a governmental crackdown.
• D)of the efforts of an ingenious Japanese spy network.
• E)the governments favored political and social stability over technological innovation.

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Definitions:

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Collection Period

The time frame it takes for a business to convert its credit sales into cash, reflecting how efficient a company is at collecting accounts receivable.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time. It is used to evaluate the profitability of an investment or project.

Default Rate

The proportion of loans or debt instruments that are not repaid as agreed, leading to default, within a specific period.