China Did Not Continue Its Voyages of Exploration for All

question 47

Multiple Choice

China did not continue its voyages of exploration for all of the following reasons except

• A)China was largely economically self-sufficient.
• B)the imperial government was intolerant of other religions.
• C)the empire was difficult to administer and constantly under attack.
• D)Confucianism did not put a high value on merchants and trade.

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Definitions:

Real Wages

Real wages refer to wage earnings adjusted for inflation, representing the purchasing power of a person's earnings in terms of the goods and services they can buy.

Dual Labor Market

A theory of the labor market that suggests it is divided into two segments: the primary market, which offers good jobs and the secondary market, known for poor working conditions and low pay.

Primary Market

A financial market where new securities are issued and sold for the first time to investors.

Secondary Market

A marketplace where investors buy and sell securities or assets from other investors rather than from issuing companies directly.