Using Map 15

question 64

Essay

Using Map 15.3, can you identify at least nine geostrategic maritime locations (choke points, straits) that impacted this period of history and continue to be significant today?

---

Definitions:

Depreciation Expense

Refers to the allocation of the cost of a tangible asset over its useful life.

Incremental Net Income

The increase in net income resulting from a particular business decision compared to the scenario where the decision is not made.

Income Tax Expense

The amount of money a company or individual owes in taxes based on the taxable income for a given period, typically one year.

Profitability Index

A calculation used to determine the relative profitability of a project by dividing the present value of future cash flows by the initial investment.