Why Didn't the Italian States Take a Lead in Exploring

question 47

Multiple Choice

Why didn't the Italian states take a lead in exploring the Atlantic?

• A) Italy lacked warm water ports.
• B) There was no tradition of sailing in Italian cities
• C) They already dominated Mediterranean trade, and therefore had little incentive to engage in risky westward exploration.
• D) They did not have the financial resources to fund trans-Atlantic voyages
• E) They had little interest in building trade relationships with Muslims

Recognize the historical context and effectiveness of tax policies and pledges by U.S. presidents.

Identify the true statements regarding budget balances, amendments, and fiscal measures.

Understand the concepts of equilibrium GDP, recessionary gaps, inflationary gaps, and their indicators.

Analyze the relationship between economic growth, government budget deficits/surpluses, and the national debt.

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Definitions:

Civil Rights

The rights of citizens to political and social freedom and equality.

Libertarian Conservatives

A political ideology that combines conservative policies with libertarian principles, emphasizing limited government, personal freedom, and free-market capitalism.

Limited Government

A political ideology that advocates for minimal governmental intervention in personal liberties and the economy, emphasizing the importance of individual freedoms.

Free Markets

An economic system where prices for goods and services are determined by open competition between privately owned businesses.