Explain the Various Factors of the European Renaissance That Prompted

question 8

Essay

Explain the various factors of the European Renaissance that prompted and promoted the exploration and settlement of the New World.

---

Definitions:

Partner Competes

An act where a partner engages in a business activity that competes with the business of the partnership, potentially violating their fiduciary duty.

Competing Venture

A business or project undertaken by an entity that is in direct competition with another enterprise in the same market segment.

Additional Compensation

Extra payment or remuneration provided to an employee or contractor beyond their basic salary or fees, often for achieving specific targets or for extra duties.

Small Partnerships

Business arrangements involving a limited number of partners collaborating in a venture, typically characterized by less regulatory requirements and personal liability.