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    In what ways does the invention and diffusion of double entry bookkeeping represent a process of productivity increase in the business activity of the 15th century

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    https://brainmass.com/economics/production/european-economic-history-16368

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    In the early Renaissance period, Italians invented the technique of double-entry bookkeeping. This enabled the precise measurement of "profit" for the first time, and thereby made the concept of "profit" into an organizing principle of ...

    Solution Summary

    The european economic history is examined for diffusions of double entry bookkeeping. The business activities are given.

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