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In his work on two-point threshold, Ernst Weber found that the most sensitive area (smallest threshold) was the ___ and the least sensitive area (largest threshold) was the ___

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- The changing nature of trade and business, most notably thecreation of a global economy, in this period was known as....- Beginning in Europe in the early 1500s, nations competed to expand their empires overseas.- The establishment of large colonial empires generated great wealth for many European nations and led to the establishment of new business practices, includingjoint-stock companies.- As population increased in the 16th and 17th centuries, demand for goods also increased, which led to the worldwide circulation of silver (from the Americas).
- A commercial venture that spurred exploration by bringing togethermany investors and merchants in order to minimize the risksand costs of the investment.- Privately held, with government support (i.e., a government charter).- Shares/stock were bought by individuals, and the shared investment was used to buy ships and finance trade.- Two of the most profitable companies were the Dutch East India Company, which established a monopoly over the spice trade (by securing trade routes to Indonesia), and the British East India Company.- Were a significant part of mercantilism in that they played the role of bringing raw materials and resources back to the mother country.
- Humanism: Focus on things of this world, a departure frommedieval thought and designed to work in conjunction with anurban-based society.- Artists such as Donatello and Michelangelo studied muscle structure, andtheir work accurately reflects the natural form.- Architecture mimicked the simple and elegant structures designed byGreco-Roman builders, with the addition of the dome.- Humanist scholars concentrated on morals, literature, and history based on a deep commitment to Christianity.- This was "Rebirth" of Greco-Roman culture (arts and intellectual pursuits)that lasted from 1300s to 1500s. Reflected the spirit of individualism andencouraged a split from religious-based thinking and a focus on things of this world (secularism).

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