Question

Emergence of new-economic in medieval period.​

Answer 1

Answer:

In the Middle Ages the world economy slowly expanded with the increase of population and trade. ... During the early period of the Middle Ages, Europe was an economic backwater, however, by the later Medieval period rich trading cities in Italy emerged, creating the first modern accounting and finance systems.

Explanation:

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Answer 2

Answer:

In the Middle Ages the world economy slowly expanded with the increase of population and trade. ... During the early period of the Middle Ages, Europe was an economic backwater, however, by the later Medieval period rich trading cities in Italy emerged, creating the first modern accounting and finance systems.