Explain ONE difference between the economic development of Portugal and the economic development of China in the period 1450-1750.

Based on historical perspective, one difference between the economic development of Portugal and the economic development of China in the period 1450-1750 is that Portugal focused on outward expansion, while China focused on inward development.

During this period, Portugal expands trading activities to Asia, Africa, and South America.

However, China focused on developing China by exporting goods for European silver coins.

While Portugal expanded by establishing colonies in America, China was busy taxing its citizens for economic development.

Hence, in this case, it is concluded that the correct answer is " Portugal focused on outward expansion, while China focused on inward development.

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ONE difference between Economic development.

Explanation:

Portuguese in 1450 was flourishing in trading by taking voyages to unknown places. They founded a prosperous trading route along with Africa (Cape of Good Hope) to reach Asia. They established their colonies in India, Africa, and after the discovery of America in 1492, Portugal establishes colonies in South America. The reason for establishing colonies was to gain wealth for the crown.

China before the arrival of Europeans in Asia conducted trade openly during the era of the Ming Dynasty. Zheng He helped China in getting power over the Indian Ocean in the 15th century. Several expeditions conducted which led to the opening of trading connection with South Asia, Sri Lanka, Indian, Java, and Sumatra. China did not go beyond Asia to trade, they stooped trading internationally in the late period of the Ming dynasty.

keeping a cash reserve because cash flow is the the movement of money through a company and if it just sits there, it wont the movement

the answer would be c