Answer:
a
Explanation:
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A bubble is a situation in which there is a rapid escalation of <span>asset prices which is later followed by a contraction of the same. When there is a surge in asset prices which is unwarranted by the fundamentals of the assets that are in question and an exuberant market behavior supports it, a bubble is created. When nobody buys anymore and starts selling everything off then the bubble is deflated.
In that period, many people started buying homes with mortgages with adjustable rates. When the stocks started rising so did the prices of mortgage interest rates and people started realizing they couldn't pay back their loans and started losing homes. When the homes were taken away, there was a realization that the houses were not worth at all the price that was owed and that banks would suffer severe losses because of the bad mortgages that they gave. This led to the 2008 recession.</span>
Answer:
Francis Drake was an English privateer in the service of the Crown of England who served his nation during the wars against Spain in the late 1500s. Drake participated in numerous battles for the English navy, but especially gained his fame as a privateer who sabotaged numerous ships of the Spanish merchant marine causing serious economic and material losses to the Kingdom of Spain. Since Spain did not recognize the figure of the corsair, he was classified as a pirate by the Iberian authorities, which exposed him to eventual death penalties if captured. The English crown, on the other hand, legally recognized him as a privateer and endorsed his actions, which generated an ethical and ideological conflict within the war that both nations had with each other, at a time when formalities and the value of the word had a special significance even in war conflicts.
Well Europeans have always been of huge followers of christianity. When Europe was going through their rough times of the black death and smallpox, many did reach to there faith in search of an answer. When they discovered what muslims where doing, because Muslims are big on spreading your faith as much as they can, so when Europeans and Muslims crossed paths, the Europeans did not like that there was another big realign and society interfering with there. I believe it was more of a pride thing.
Answer:Henry is often credited with beginning the Age of Discovery, the period during which European nations expanded their reach to Africa, Asia and the Americas. Henry himself was neither a sailor nor a navigator, his name notwithstanding. He did, however, sponsor many exploratory sea voyages
