Question

Evaluate the role of technological innovations or transfers in increasing economic growth during the period 1200 to 1450 CE.

a) Technological innovations were the primary driver of economic growth.
b) Technological transfers played a significant role in economic growth.
c) Both technological innovations and transfers were essential for economic growth.
d) Technological factors had limited influence on economic growth during this period.

Answer 1

Technological innovations and transfers played a significant role in increasing economic growth during the period 1200 to 1450 CE.

Step-by-step explanation:

During the period 1200 to 1450 CE, technological innovations and transfers played a significant role in increasing economic growth. The development of communication technologies, electric power production, and steel production had a profound impact on business growth. These innovations allowed for more efficient and cost-effective production methods, which led to industrial growth. Additionally, technological transfers, such as the spread of technology across borders, facilitated economic growth by improving living conditions and creating new opportunities.