The exchange rates of a currency are responsible for the purpose of comparison of currencies of two different countries.
<h3>What is currency exchange?</h3>
The rate at which the one currency is exchanged at with another currency(s) is known as the rate of currency exchange. These currencies generally vary with a change in their countries.
Hence, option C holds true regarding the currency exchange.
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This question is incomplete; here is the complete question:
The Europeans began to colonize areas rich in resources such as rubber and petroleum after ______. Factories transformed such raw materials into finished goods, but they needed _______ to sell these finished goods.
1st blank options :
WW1
the Industrial Revolution
the Agricultural Revolution
2nd blank options:
new markets
property
government support
The correct answers are 1. The Industrial Revolution and 2. New markets
Explanation:
Many European countries such as England, France, or Spain colonized and exploded territories in other continents such as Africa or America to obtain natural resources that were needed for massive production. This included the use of rubber and petroleum, which were either used as fuel for machines or to produce goods. For example, petroleum could be used as fuel or to make products such as tires. Moreover, this occurred after the first Industrial Revolution as the economy focused on manufacture and exploiting resources allowed countries to increase their profits.
Moreover, the massive manufacture of goods required new markets or consumers that could buy for the products. This motivated the expansion of trade as finished products began to be massively sold not only in the countries they were produced but in other countries.
Political machines started as grass roots organizations to gain the patronage needed to win the modern election. Having strong patronage, these "clubs" were the main driving force in gaining and getting out the "straight party vote" in the election districts.
The most traumatic era in the entire history of Roman Catholicism, some have argued, was the period from the middle of the 14th century to the middle of the 16th. This was the time when Protestantism, through its definitive break with Roman Catholicism, arose to take its place on the Christian map. It was also the period during which the Roman Catholic Church, as an entity distinct from other “branches” of Christendom, even of Western Christendom, came into being.
The spectre of many national churches supplanting a unitary Catholic church became a grim reality during the age of the Reformation. What neither heresy nor schism had been able to do before—divide Western Christendom permanently and irreversibly—was done by a movement that confessed a loyalty to the orthodox creeds of Christendom and professed an abhorrence for schism. By the time the Reformation was over, a number of new Christian churches had emerged and the Roman Catholic Church had come to define its place in the new order.
