<span>Simple interest is paid on the principal only; compound interest is paid on both principal and interest.
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Answer:
True.
Explanation:
The world systems theory is a fundamental social evolution theory which states that, some developed countries such as core nations benefit while other countries such as peripheral (underdeveloped) nations are being exploited significantly.
According to world systems theory, peripheral nations become economically dependent on core nations, which keeps them at a low level of modernization.
Basically, the world systems theory divide the world into three (3) main categories and these includes;
I. Peripheral nations: these includes countries that provide cheap labor and other resources for the core nations. Some examples of peripheral nations are Haiti, Nigeria, Kenya, Sudan, Philippines, Chad, Niger etc.
II. Core nations: these are technologically advanced and well-developed countries that benefit from peripheral nations. Some examples of core nations are Germany, China, Japan, United States of America, England, France etc.
III. Semi-peripheral nations: these includes countries that are in between core and peripheral nations such as developing countries.
Perishability refers to the inability of services to be stored, warehoused, or inventoried. Perishability is one of the four fundamental characteristics of a service in marketing, together with inseparability, intangibility, and variability.
The term and concept in general describes the way in which service capacity cannot be stored for sale in the future.
<u>Answer:</u>
<em>Spain and Portugal want to find a sea route to Asia because both country wanted to discover more trade and specifically Spain wanted to spread the Christianity around the globe.</em>
<u>Explanation:</u>
Also they wanted to <em>break the hold of trade carried by Muslims and Italian</em> by finding the trade routes to Asia. Portuguese searched for the route that went around the Africa.
<em>Ferdinand Magellan's attempted circumnavigation of the globe during the attempt to find the route to Asia. It was the important voyage of exploration. </em>
