The correct answer that would best complete the given statement above would be the term SPOT EXCHANGE RATE. <span>A Japanese tourist in new York goes to a bank to convert his yens into dollars. The exchange rate that will be used for conversion will be the spot exchange rate. Hope this answer helps. </span>
Industrial cities began to develop because of new technologies and ideas and in order for the factories to grow larger, they needed more workers so the the unemployed people had those opportunities to work there.
Communism leads to slow economic growth, lack of motivation and less competition between the entrepreneurs.
<h3>What is Communism?</h3>
Communism is the economic theory derived by the Karl Marx which is based upon the class less society in which everyone is equal. It says that the means of the production is owned by the government.
The disadvantages of the communism is that government will be holding the property that means there will be no or less competition between the entrepreneurs. It will lack the free of speech.
The economic growth of the country will slow down leading to the political repression. The countries that followed the approach of the communism is Russia and China.
Learn more about the communism here:
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Answer: D
Explanation:
Soon after the death of the prophet Muhammad, there were military expeditions, called "futuhat," or literally "openings," into what is now Egypt and other parts of North Africa.