What does Ferguson claim about the relative economic development of twelfth and thirteenth century Italy compared to Song China and the Abbasid Caliphate

The correct answer is the following.

What Ferguson claimed about the relative economic development of twelfth and thirteenth-century Italy compared to Song China and the Abbasid Caliphate, was that Italy was far less economically developed.

The situation of Italy in the Middle Ages was different than the economic situation that existed in the Song China and the Abbassid Caliphate. There was this interesting period between the end of the Great Roman Empire and the beginning of the Italian Renaissance, where everything changed, the economy improved and the arts modified the "face" of important city-states such as Florence, where the Medici family invested in artists such as Leonardo Da Vinci.

due to inefficiency of management, the business plan has failed

idk what right product means but i assume it's this one since this was the last one left after i did the other three

the finance team has misjudged the requirement of business plan and chosen a wrong line of credit

operations risk is when the employees make a mistake

flash floods have damaged all machinery in the main manufacturing

natural disasters include anything ruined in the business by the weather or other disasters such as earthquakes

there have been foreign exchange rate fluctuations

economic risks is when things in the economy changes (like interest rates, currency value). the government has a large part in controlling this