Historians use a standard shorthand, “Gold, God, and Glory,” to describe the motives generating the overseas exploration, expansion, and conquests that allowed various European countries to rise to world power between 1400 and 1750. “Gold” refers to the search for material gain through acquiring and selling Asian spices, African slaves, American metals, and other resources. As merchants gained influence in late-medieval western Europe, they convinced their governments to establish a direct connection to the lucrative Asian trade, leading to the first European voyages of discovery in the 1400s. “God” refers to the militant crusading and missionary traditions of Christianity, characterized in part by rivalry with Islam and hatred of non-Christian religions. “Glory” alludes to the competition between monarchies. Some kings sought to establish their claims to newly contacted territories so as to strengthen their position in European politics and increase their power at the expense of the landowning nobility. They also embraced the ideology of mercantilism, which held that governments and large private companies should cooperate to increase the state’s wealth by increasing the reserves of precious metals. Motivated by these three aims, several western European peoples gained control or influence over widening segments of the globe during the Early Modern Era. By 1914 Europeans dominated much of the world politically and economically. Hope this helps!
Answer: Passive
Compete Question: Passive portfolio management calls for holding diversified portfolios without spending effort or resources attempting to improve investment performance through security analysis.
Explanation: Passive portfolio management or Index fund management is an investment strategy that copies an index such as the FTSE 100 index by holding some stocks and securities of the index. Equal weighting is given to every security and stock without spending effort or resources attempting to improve investment performance through security analysis.
This is in contrast with the Active Portfolio Management strategy which aims to surpass the performance of any given index. This type of portfolio is actively monitored by a dedicated manager who continuously researches way to improve investment performance through security analysis.
he filled the senate with new members i think
