Henry the Navigator, the son of king John I of Portugal, improved his society in many ways. He is considered to be one of the pioneers of Age of Discovery, meaning that he paved the way for future European travels around the world, as well as trade. He was a famous politician and soldier as well, and he fought in the Battle of Ceuta (1415), which enabled <span>European forces to establish their first permanent position in North Africa.</span>
The best description of one of the major economic benefits of free
trade between countries is:
- <u>A. Companies can lower production costs by producing goods in countries with low average wages.</u>
Free trade is an economic term that is used to describe the trade between two nations where there is no restrictions between imports and exports.
As a result of this, free trade has some benefits which include::
- Increase in financial prosperity
- People are able to buy more goods from a foreign country
- There is a variety of goods to choose from
- It leads to innovations
Therefore, the correct answer is option A
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Socialism refers to an economic practice where the means of production, distribution and exchange are owned and regulated by the community or government.
However, democracy is a government system where the citizen of nation have the chance the willingly decide their elected representative in the government house.
In critically view, the theory of Socialism and democracy works together.
Hence, we can say socialism is dangerous when compared to democracy because its gives too much power to the government to regulate economy activities,
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C. The Middle Ages period
Virginia House of Burgesses! I hoped this helped you !!
