During the Second World War, Tehran, Yalta, and Potsdam were "<span>(D) sites of conferences held by the Big Three," since this is where Roosevelt, Stalin, and Churchill met to discuss war plans and post-war planning. </span>
The guilds , banks , and money system which began in medieval europe : Were the start of modern market economies and trade unions
Before the bank and money system, the merchants have to pay their goods with another goods in a barter system. This often create some dispute because of 'unfairness' . The money system allowed one specific currency as a standard to exchange goods and services and eliminate this unfairness
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As Islam spread, Muhammad threatened the local tribes and Meccan rulers because their wealth depended on the Kaaba. ... The Quraysh tribe controlled the Kaaba and drew their religious and political power from its polytheistic shrines, so they began to persecute the Muslims and many of Muhammad's followers became martyrs.
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ADVANTAGE OF JOINT-STOCK COMPANIES</h2>
1. LARGE CAPITAL: The outstanding advantage is that it allows vast mobilization of capital which otherwise is not possible to arrange. In a public company, there is no limit to the number of members. A very large number of people acquire interest in the company by purchasing shares.
<h2>DISADVANTAGE OF JOINT-STOCK COMPANIES</h2>
1. FRAUDULENT MANAGEMENT: Frauds have been a common feature of many a company. The promoters and directors may indulge in fraudulent practices. The company law has devised various methods to check the fraudulent practices but they have not proved to check them completely.
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the belief that people's loyalty shouldn't be to a king or empire, but to their own nation. How did nationalism increase tensions among European nations? It increased power among the European nations. ... European colonies competed for colonies in Asia and Africa.
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