What Was Key to Portugal's Success in the Indian Ocean

question 52

Multiple Choice

What was key to Portugal's success in the Indian Ocean?

• A)A series of fortified naval bases.
• B)A strategy that emphasized trade over colonization.
• C)The establishment of a Royal Trading firm.
• D)Just choices a and b.
• E)All of these.

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Definitions:

Financing Activity

Transactions between a business and its financiers, such as issuing stock, paying dividends, or borrowing from lenders, reflecting the flow of cash used to fund the company's operations and expansions.

Manufacturing Equipment

The machinery and tools used in the process of producing goods, often considered a capital expense by companies.

Operating Activities

These refer to the primary revenue-generating activities of a business, such as sales of goods or services, and related expenses.