Final answer:
Economic development in Eurasia circa 1200 included the growth of trade routes, the importance of Constantinople as a trade hub, and the revival of trade after the Black Death.
Step-by-step explanation:
Eurasia experienced economic development in the 12th century. Some examples include:
- The trade routes of the Italian states connecting with Mediterranean ports, and the establishment of the Hanseatic League in Northern Europe, which created a network economy. This led to the growth of city-states in Italy and the development of a modern commercial infrastructure.
- Constantinople, the capital of the Byzantine Empire, was a major terminus point of the Silk Road and a hub for trade with China, India, and beyond.
- The revival of trade and commerce in Europe after the Black Death in the late 1300s, which led to increased commercial activity in the Mediterranean, Baltic, and English Channel regions.