Question
How did the economic system change after 1450 in Western Europe? (2 points)
Responses
The economy shifted to focus on cash economies instead of barter
The economy shifted to focus on cash economies instead of barter
The economy was based on feudalism
The economy was based on feudalism
The economy became a complete free market system
The economy became a complete free market system
The economic system was based on industrialization
Responses
The economy shifted to focus on cash economies instead of barter
The economy shifted to focus on cash economies instead of barter
The economy was based on feudalism
The economy was based on feudalism
The economy became a complete free market system
The economy became a complete free market system
The economic system was based on industrialization
Answers
GPT-4o mini
The most accurate responses regarding the changes in the economic system in Western Europe after 1450 are:
1. **The economy shifted to focus on cash economies instead of barter** - This reflects the move towards more monetary transactions and trade, particularly with the rise of commerce and trade networks during this period.
2. **The economy became a complete free market system** - While it wasn't entirely a free market in the modern sense, there was a significant shift towards market-oriented economies, increased trade, and a decline in the strict feudal structures that dominated the medieval economy.
The other options regarding feudalism and industrialization are less applicable during the immediate post-1450 period. Feudalism began to decline, and industrialization primarily took place later, during the Industrial Revolution in the 18th century.
1. **The economy shifted to focus on cash economies instead of barter** - This reflects the move towards more monetary transactions and trade, particularly with the rise of commerce and trade networks during this period.
2. **The economy became a complete free market system** - While it wasn't entirely a free market in the modern sense, there was a significant shift towards market-oriented economies, increased trade, and a decline in the strict feudal structures that dominated the medieval economy.
The other options regarding feudalism and industrialization are less applicable during the immediate post-1450 period. Feudalism began to decline, and industrialization primarily took place later, during the Industrial Revolution in the 18th century.