1.2 - Economic Incentives
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Practice Questions
Test your understanding with targeted questions
What motivated explorers to seek new trade routes?
💡 Hint: Think about what goods were valuable during this period.
What is a trade monopoly?
💡 Hint: Consider how these monopolies affect competition.
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Interactive Quizzes
Quick quizzes to reinforce your learning
Why did explorers seek new routes during the Age of Exploration?
💡 Hint: Reflect on the most valuable trading goods of that era.
True or False: A trade monopoly allows multiple companies to compete in the same market.
💡 Hint: Consider the definition of monopoly in economics.
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Challenge Problems
Push your limits with advanced challenges
Evaluate how the search for spices and gold affected European relations with indigenous peoples in newly explored territories.
💡 Hint: Consider the impact of wealth on relationships.
Analyze the role of technological advancements in enabling economic incentives during exploration.
💡 Hint: Think about examples of technology that made exploration easier and resulted in economic gains.
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