The Social and Economic History of the Hellenistic World. The benefits largely accrue to a few oligarchs. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests. What are the factors that led to its rise and subsequent fall? Economic factors Economic prosperity varies across participating countries, according to the Human Development Index (HDI), which is a composite index that factors in life expectancy, literacy, education levels, and standard of living (United Nations Development Programme, 2006). This rise occurred largely due to its prominent location and control of key trading routes and … Which of the following factors made China the most commercialized economy in the world during the Tang and Song dynasties? Golden Ages have occurred in Greek, Roman, Chinese, Indian, and Byzantine civilizations. The country was further ranked 1st in life satisfaction and 5th in overall prosperity in the 2007 Legatum Institute prosperity index. There was also a mass belief that the United States was entering a state of prosperity for all; that it was "Too big to fail", so to speak. Economic Activities. Increasing Societal Prosperity. Shaddup Libs. The economic meltdown of the late 1920s also doomed many smaller local banks. A complex network of internal waterways that … Different factors contributed to the fall of the Roman Empire. 2. The economic growth of a country may get hampered due to a number of factors, such as trade deficit and alterations in expenditures by governmental bodies. 4. The events of 2020 drew attention to the importance for prosperity of factors that economists often neglect, such as state capacity and social trust. farming and industry. The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Superficial prosperity is believed to be one of the causes of the Great Depression of the 1920s, due to the fact that people took out more loans and bought more things on credit than they could afford to pay back. Era of teenagers: As there was a baby boom the children grew up to be teenagers who had the power of money 2.The discovery of plastic : its discovery made everything cheaper and excited people to buy more stuff Prosperity and the rise and fall of Islam. 2 A framework for regional economic development 14 2.1 Factors in economic development 15 2.2 Summary 16 3 Enabling Indigenous prosperity 18 3.1 What does success look like? By J. Kenneth Blackwell . This caused the impression that people were very prosperous and that they could all afford expensive things. Favorite Answer. Are the factors due do Islam or in spite of it? Factors are needed to be considered in a serious manner because social policies are always resurrected whenever there are wrongdoings that happen to a certain group or an institution. From Athens to Alexandria: Hellenism and Social Goals in Ptolemaic Egypt. With this easy money, and the introduction of hire-purchase schemes, the demand for products increased. What factors contributed to the superficial prosperity of the 1920's? The rise of Athens in the late 6th century and early 5th century BCE not only ushered in the Classical Age, but it went on to influence European and Western culture for thousands of years. Athens spent $15 billion hosting the 2004 Olympics. Oxford: Oxford University Press, 1941. Lv 5. Which of the following contributed to China's economic prosperity during the Tang and Song dynasties? Together these elements can maximize the continued impact of the Internet on economic growth and prosperity. Total population in western Europe, estimated at 24 million in the year 1000 AD, had vaulted to 54 million by the year 1340. WHO/S. Several factors, including some that are unique to West Africa, helped the virus stay hidden and elude containment measures. Lovanii, 1983. The country was ranked 20th on the 2006 Human Development Index, which also accounts for non-economic factors such as literacy and public health, and 15th in The Economist's 2005 worldwide quality-of-life index.