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How Do You Explain the Remarkably Rapid Expansion of the Islamic

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Essay

How do you explain the remarkably rapid expansion of the Islamic caliphate in the seventh and eighth centuries? In what fundamental way was the Islamic empire transformed in the course of that expansion? How did the spread of Islam and the challenges faced by the need to choose successors to Muhammad affect the political structure of the Muslim world?


Definitions:

Common Stock

Shares of ownership in a corporation that entitle the shareholder to a share of the company’s profits and a right to vote on company matters.

Consolidation Worksheet

A tool used in preparing consolidated financial statements that combines the assets, liabilities, and equity of a parent company and its subsidiaries.

Par Value

The nominal or face value of a bond, share of stock, or another financial instrument, as stated by the issuing company.

Fair Value

The capital acquired from the sale of an asset or expended in the transfer of a liability in a smooth transaction among market intermediaries on the measurement date.

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