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Sagot :
This period saw the emergence of new transportation technologies, which altered economic activity by enabling the faster, longer-distance transportation of greater quantities of luxury goods.
The production, trade, and consumption of goods and services are the main topics of the sociological economics field. Economic is the study of how economies function and the activities and interactions of market participants. The study of microeconomics examines what are thought to be the fundamental components of the economy, such as individual agents, markets, and the relationships that result from those interactions. Examples of individual agents include homes, businesses, buyers, and sellers. Macroeconomics studies the economic as a structure where saving, entrepreneurship, production, and consumption all interact.
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