All of the Following Set into Motion the Chain of Events

question 1

Multiple Choice

All of the following set into motion the chain of events that led to a drive of Europeans toward Asia, the penetration of Africa, and the discovery of the New World EXCEPT

• A) economic hardships and overpopulation at home.
• B) growing power of ambitious governments behind them.
• C) they sought contact with a wider world.
• D) they sought territories to conqueror.
• E) they sought new places to trade with.

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Definitions:

Average Accounting Rate

A financial metric that represents the average rate of return earned on investments or assets, based on accounting values.

Net Income

The total profit of a company after all expenses, including taxes and operational costs, have been deducted from total revenues.

Up-front Costs

Initial expenses required to start a project, product, or service before any financial return is seen.

Discounted Payback Period

The time required to recoup the cost of an investment while considering the time value of money, typically shorter than simple payback period.