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Europeans Began to Search in Earnest for an Alternate Route

question 43

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Europeans began to search in earnest for an alternate route to Eastern Asia after


Definitions:

Market Value

The current price at which an asset or service can be bought or sold in the marketplace.

Assessed Valuation

The valuation placed on property by a public tax assessor for purposes of taxation.

Assessed Valuation

The value assigned to a property by a government tax assessor for tax purposes.

Tax Rate

The percentage of one's income or the value of a good, service, or asset that is paid as tax to the government.

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