ECONOMICS (CBSE/UGC NET)

ECONOMICS

INCENTIVES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Why did the explorers take part in exploration?
A
People went for a spirit of adventure and wealth.
B
People went as prisoners who worked on the boats
C
People wanted to become government officials.
D
People were forced to sail as slaves.
Explanation: 

Detailed explanation-1: -The simple answer is money. Although, some individual explorers wanted to gain fame or experience adventure, the main purpose of an expedition was to make money. How did expeditions make money? Expeditions made money primarily by discovering new trade routes for their nations.

Detailed explanation-2: -Gold Glory and God. Gold – Nations were always looking for new sources of wealth. Glory – Individual explorers competed for fame and honor for both themselves and their countries. God – Europeans believed it was their duty to bring Christianity to the non-believers of the world.

Detailed explanation-3: -Explorers are people who have blazed the trail in going to new places. The Age of Exploration took place between the 15th and 17th centuries. During this time many countries in Europe sent out explorers to discover new lands, find trade routes, seek treasure, and gain territory for their country.

Detailed explanation-4: -Review. The Seven Reasons for Exploration. Curiosity. Explorers were curious about different lands, animals, people and goods. National Pride. Explorers wanted to get more land for their home country. Better Trading Routes. Religion. Wealth. Foreign Goods. Fame.

There is 1 question to complete.