GENERAL KNOWLEDGE

GK

WORLD HISTORY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How did the development of the Silk Road benefit the Chinese economy?
A
It decreased the cost of exporting goods
B
It opened new markets for Chinese producers
C
It enabled Chinese workers to migrate to job locations
D
It created access to an abundant supply of raw materials
Explanation: 

Detailed explanation-1: -The Silk Road, commonly known as the first global trade route in history, had a scope and importance far greater than the simple exchange of goods. Indeed, the myriad of interconnected routes served as a vehicle for the fruitful exchange of arts, religion, cultures, ideas and technology.

Detailed explanation-2: -How did the reopening of the Silk Road affect the economy and culture of China? Merchants were able to travel along the Silk Road after it was reopened, which facilitated the import and export of goods within and outside of Chinese borders. As a result of the increasing trade, the Chinese economy thrived and prospered.

Detailed explanation-3: -Travellers along the Silk Roads were attracted not only by trade but also by the intellectual and cultural exchange taking place in cities along the Silk Roads, many of which developed into hubs of culture and learning.

There is 1 question to complete.