Identify and State the Historical Significance of the Following

question 18

Short Answer

Identify and state the historical significance of the following:
-Ferdinand Magellan

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Definitions:

Developing Countries

Nations with a lower living standard, undeveloped industrial base, and a low Human Development Index (HDI) relative to other countries.

Vicious Circle

A complex chain of events that reinforces itself through a feedback loop, leading to a negative or undesirable outcome.

Foreign Aid Methods

Various strategies or approaches for providing assistance to countries and communities in need, including grants, loans, and technical support.

Delivering Funds

The process of transferring money from one party to another, which can occur through various methods such as electronic transfer, check, or cash.