Exploration and trade led to the growth of capitalism. This system is based on investing money for profit. Merchants gained great wealth by trading and selling goods from around the world. They then could use their profits to finance other voyages and to start trading companies.
Answer:
2. A quarter of the countries with a GDP per capita of less than $1,000 in 1960 had growth rates of less than zero from 1960 to 1995
Explanation:
A GDP per capita of less than $1,000 is extremely low, and if a quarter these poor countries with such a low GDP per capita did not see any growth from 1960 to 1995, it means that the some of the poorest countries in the world in 1960 are still among the poorest in 1995.
At the same time, many advanced nations such as Japan and the United States saw great economic growth in the same period of time.
This two events have caused greater inequality among nations.
He instituted basic civil liberties, the freedoms of speech, press, assembly, and religion; universal suffrage; and equal rights for women—throughout Russia and became one of the most widely known and popular figures among the revolutionary leadership.
I hope this helps!
-Maddie
