What Factors Are Attributed to the Expansion of European Exploration

question 35

Essay

What factors are attributed to the expansion of European exploration in the fifteenth century, and how did their influence come to dominate the regions of the Americas, Africa, and Southeast Asia? ​

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Definitions:

Assets

Resources owned by a company, regarded as having value and available to meet debts, commitments, or legacies.

Invest

The action of allocating resources, usually financial, with the expectation of achieving a profit or material result.

ESOPs

Employee Stock Ownership Plans; these provide company stocks to employees as part of a retirement plan or incentive program.

Tax Advantages

Financial benefits derived from certain investments or transactions that are treated favorably by tax laws, reducing tax liability.