European Economics after Crusades

More like this

Lemonade Stand and Factors of Production

by Savva Vorotynskiy

Accounting Concept Map

by Lucas Chen

Forms and Types of Businesses

by Vareesha Zuberi - Rick Hansen SS (2542)

Internet Economics

by Josh Polterock

European Economics after Crusades

Investing

Investors would split profits from a business they supported financially

market economy

Land, labor, and capital are controlled by individuals

Capital

wealth that people earned, saved, and profitted to make their own money

Banking

allowed people to transport and store money without hassle

Manufacturing

buy a new product, change or manufacture it differently and sell it for a higer price

Domestic system

the process of working from hom eon specific jobs for a profit