Question

Name and describe three facets of modern businesses that have their origins in trade practices during the Middle Ages?

ありがとう！(Arigatou or Thank you in English!)

Answer 1

The three facets of modern business which have their roots in trade practices during the Middle ages are:

• Capitalism
• Marketing
• Production and Consumption.

Step-by-step explanation:

Modern business techniques are adaptation of the middle age. All the existing techniques including Marketing, Capitalism, Production and Consumption are adapted by the local communities and they did advancements later on.

Answer 2

The three aspects of present day business that I can name and have their roots in exchange works on amid the medieval times are:

• Capitalism,

• Marketing and

• Production/Consumption.

Step-by-step explanation:

The dealing framework was dispensed with, a financial framework in view of open rivalry in a free market was made.

Organizations that delivered merchandise and enterprises for clients and built up solid connections among them. Furthermore, the large scale manufacturing and utilization of these products and ventures.

Therefore, The three facets of modern business are capitalism, Marketing, and Production which have their origin in trade practices during the Middle Ages.