In the age of imperialism, Britain, Spain and France had gained a clear advantage with colonies in Africa and South America, and they had control of some of the more choice parts of those continents. These three countries' access to seas made it easier for them to set up and maintain colonies. Germany, however, was left to fight for the few territories remaining that had strategic or resource value.
In January 1521, Pope Leo X excommunicated Luther. Three months later, Luther was called to defend his beliefs before Holy Roman Emperor Charles V at the Diet of Worms, where he was famously defiant. For his refusal to recant his writings, the emperor declared him an outlaw and a heretic. Hope this helps
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.
- Bonds generally are beneficial as they are comparatively secured investments than the equities and debts and give more interest than any bank deposits or saving accounts.
- Bonds may be issued by a Government or any other corporate body to raise funds for a specific purpose, which is payable at a fixed rate of interest predetermined at the time of issue of such securities.
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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I think it's war but I'm not really 100% sure on it
