ECONOMICS (CBSE/UGC NET)

ECONOMICS

INCENTIVES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What were the 3 Gs for exploration?
A
God
B
Glory
C
Greatness
D
Gold
Explanation: 

Detailed explanation-1: -God, gold, and glory motivated European nations to explore and create colonies in the New World.

Detailed explanation-2: -To spread their religion-Christianity (God) To expand their empire (Glory) To find riches (Gold)

Detailed explanation-3: -To Columbus, driven by the search for the wealth that would be a tangible indicator of a successful voyage, the discovery of vast quantities of gold would represent both a personal reward and a vindication of his vision.

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