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balu736 [363]
3 years ago
10

How was christopher coumbus like an entrpreneur

History
2 answers:
IRINA_888 [86]3 years ago
6 0

He had to organize trades with other countries

Anit [1.1K]3 years ago
4 0

Hello,

Columbus was like an entrepreneur in many ways. Let's look at what an entrepreneur is first.

A person who organizes or operates a business or businesses, taking on greater than normal financial risks in order to do so.

Columbus didn't take on financial risks like we currently, do, but he did trade. That takes a special dealing and set os skills that not everyone had. He also led a "business." Also not like what we have today, but he led fleets of ships and conquered and explored new land.

- I . A -

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A.) is incorrect because protectionism is reduced when countries engage in more trade agreements. Reducing protectionism is generally seen as a good thing. Protectionism involves protecting a country's economy mainly by taxing imports. The fact that countries are willing to participate in more trade with other countries directly opposes this theory.

B.) is incorrect because sanctions involve decreasing trade with other countries. Sanctions are some form of penalties a country places on another to pressure or protect themselves against that country. Sanctions make it more difficult to purchase international products and can negatively impact domestic businesses and citizens.

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D.) is incorrect because tariffs would be loosened if trade agreements are reached. Tariffs are taxes placed on items entering a country that are meant to discourage international purchases. Lower taxes on foreign items makes the products cheaper for consumers.

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