Answers OCPS - 2109010 - MJ WORLD HISTORY_SEM 1 CR_PY - vers.2 Applying Economics to World HistoryQuestion 9

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Applying Economics to World History

Question 9 • OCPS - 2109010 - M/J WORLD HISTORY_SEM 1 CR_PY - vers.2

What concepts were developed in the ancient world to make sure trade was fair?

Answer

s

scarcity and surplus

s

supply and demand

s

standard measures and weights

t

traditional and command economies

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