Other Than Finding New Sources of Finance,the Most Important Element

question 41

Multiple Choice

Other than finding new sources of finance,the most important element facilitating European state-building in fifteenth century was

• A) the reestablishment of imperial unification.
• B) the formation of large standings armies.
• C) the European invention of gunpowder.
• D) papal leadership in a new round of crusades that gave purpose and inspiration for the Europeans.
• E) the leadership of a united,powerful Italy.

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Definitions:

Backed

Supported or secured, often used in financial contexts to refer to investments supported by tangible assets.

Exchange Rate

The value of one currency for the purpose of conversion to another, indicating how much of one currency can be exchanged for another.

Euro

The official currency of 19 of the 27 member states of the European Union.

Purchase

The act of buying goods or services.