By 1492,Europe Had Changed in All of the Following Ways

question 10

Multiple Choice

By 1492,Europe had changed in all of the following ways that would lay the foundation for its exploration of other lands except

• A) the rise of nations.
• B) merchants had become a powerful force.
• C) the decline of feudalism.
• D) the decline of mercantilism.
• E) Catholicism faced challenges and schisms

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Definitions:

Opposite

In the context of numbers, it refers to the additive inverse of a number, which when added to the original number, results in zero.

Compounded Quarterly

A method where interest is calculated and added to the principal balance four times a year, affecting the total interest accrued over time.

Promissory Note

An economic tool comprising a formal pledge by one party to give a specific amount of money to another, redeemable upon request or at a predetermined time.

Discounted

Refers to the reduction of an item's price or the present value of future cash flows discounted back to the present value.