Bartholomew Dias Was Recognized for Being the First to Achieve

question 9

Multiple Choice

Bartholomew Dias was recognized for being the first to achieve what accomplishment?

• A) Rounding the Cape of Good Hope.
• B) Sailing from Europe to India and back.
• C) Sailing around the world.
• D) Reaching South America.
• E) Exploring the interior of Canada.

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Definitions:

Tariffs

Taxes imposed by a government on imported goods, often used to protect domestic industries from foreign competition.

Tax Rate Reduction

A decrease in the percentage at which income, profits, or transactions are taxed, aimed at stimulating economic growth or achieving fiscal policy goals.

Marginal Tax Rates

The rate at which the next additional unit of income will be taxed, often increasing progressively with higher income levels.

Budget Deficit

The situation where a government's expenditures exceed its revenues, leading to the need for borrowing or spending cuts.