The bank wants to give you an incentive to pay back the loan. If they did not hold your assets as collateral, you could simply fail to pay back the loan and really not lose anything other than your credit score. Many borrowers already have tarnished credit scores, so that is rarely enough incentive to base a loan on.
I would put this into your own words considering I copied and pasted it. Other than that I hope this helps!
The imperialists needed workers to work on the land that was colonized. The locals were not an option because they were often either insubordinate, or they were protected by the law. That's why having slaves to work in those colonies was great, which is why they got them from Africa.
Answer:
columbian exchange
Explanation:
The Columbian exchange, also known as the Columbian interchange, named for Christopher Columbus, was the widespread transfer of plants, animals, culture, human populations, technology, diseases, and ideas between the Americas, West Africa, and the Old World in the 15th and 16th centuries.
The clergy were the religious people of the Middle Ages. Following the pope, in order of rank, there were bishops, priests, monks and nuns. In the latter part of the Middle Ages, the pope, as head of the church, had much influence over the king and total control of the clergy.