Before the fifteenth century, European states enjoyed a long history of trade with
places in the Far East, such as India and China. This trade introduced luxury goods
such as cotton, silk, and spices to the European economy. New technological
advancements in maritime navigation and ship construction allowed Europeans to travel
farther and explore parts of the globe that were previously unknown. This, in turn,
provided Europeans with an opportunity to locate luxury goods, which were in high
demand, thereby eliminating Europe’s dependency on Eastern trade. In many ways,
the demand for goods such as sugar, cotton, and rum fueled the expansion of European
empires and their eventual use of slave labor from Africa
Everything else held constant, an increase in planned investment expenditure <u>increases</u> aggregate <u>demand</u>.
Investment definition is an asset acquired or invested in to build wealth and save money from the hard-earned profits or appreciation. Investment which means is normally to reap an extra source of earnings or gain profit from the investment over a specific period of time.
Making an investment is an effective manner to put your money to work and potentially build wealth. Clever investing may allow your money to outpace inflation and increase in value. The greater growth potential of investing is primarily due to the power of compounding and the risk-return tradeoff.
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Answer:
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Explanation:
Answer:
A.
Explanation:
A Will can be defined as a document that states the last wish of a person who wants to plan about his/her property; about where his/her property will go or who will inherit it after he/she dies.
<u>The statement that is true regrading wills from the given options is A. Will is a legal document and thus every state have their own sets of requirements regarding formalities and documentation of wills. Though may requirements may vary depending upon the State's laws yet some requirements remains the same. And, it is important that all requirements are met according to the laws to prove the validity of documents or else it can be left null-and-void in case of failure.</u>
Thus option A is correct.