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:

Turnover

In business, refers to the rate at which employees leave a company and are replaced by new hires; can also refer to the total sales in a given period.

Turnover

A financial metric indicating the rate at which a company's inventory is sold and replaced over a period.

Minimum Required Rate

Typically refers to the minimum rate of return on an investment that a manager or investor deems acceptable, taking into account risk and alternative investments.

Residual Income

The amount of income that an individual or company has after all personal debts and expenses, including the cost of capital, have been paid.