Why Did Autocratic Rulers in the Hellenistic World Encourage Manufacturing

question 27

Multiple Choice

Why did autocratic rulers in the Hellenistic world encourage manufacturing industries?

• A)Manufacturing trade goods slowed the development of harbors,roads,and canals,thus preserving their power.
• B)Manufacturing distracted local and foreign rivals from aggressive military campaigns.
• C)Manufacturing increased international trade revenues and therefore taxation and tariffs.
• D)Manufacturing brought in exotic goods that were previously unavailable in the ancient world.
• E)Manufacturing trade goods increased the development of harbors,canals,and ship design.

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Definitions:

Gross National Product

A measure of a nation's total economic output, including the value of all goods and services produced by its citizens, regardless of where they are located.

Depreciation

A reduction in the value of an asset over time, due to wear and tear or obsolescence.

Intermediate Goods

Goods that are used as inputs in the production of final goods, not intended for final consumption.

Inventory

The total amount of goods and materials a business holds for the ultimate goal of resale or production.