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leva [86]
3 years ago
8

How did trade play a role in britain's becoming a global power?

History
2 answers:
kaheart [24]3 years ago
7 0
<span>Trade was the key in developing Britain's global empire and dominance. It opened Britain up to lucrative new markets, though which it could sell its domestically produced value-added goods (especially after the beginning of the Industrial Revolution) while importing luxury and exotic goods to drive its wealthy population. Additionally, the importance of trade and the resulting need to secure trade routes drove Britain to develop the world's most powerful navy, which in term secured its global power during its era of dominance.</span>
Lunna [17]3 years ago
7 0

Britain want to have the things for themselves because they have the right to do the things good for them

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The correct statement is," Bonds benefited the citizens who purchased them in a way that the government repaid the bond purchasers with interest." The correct option is D.

Bonds are such securities issued by the government or any other body to procure or raise funds, and interest is payable on them at a predetermined fixed interest rate.

<h3>Bond instruments </h3>

  • Bonds are an instrument issued by a borrower to the public who subscribe to them as a token of proof that the borrower has raised such amount from the investor, payable at a fixed time period.

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Hence, the correct option is D that the government benefits the purchaser of bonds in the way of repaying such bonds with interests to its subscribers.

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