Why was exploration a major goal for governments?

ANSWER:

Exploration helped the countries to find new lands and new shipping and trading routes to further increase their global dominance over trade and commerce. Hence exploration was a major goal for the governments.

EXPLANATION:

During the 15th century, various countries and governments started exploring new lands and trading routes to grow their commercial business. The British Empire, Spain, and Portugal began navigating and exploring across the world through the oceans and the government would pay these navigators to explore and discover new lands. It was a challenge among the countries and their governments on who would find the best route for trading. This marked a new age for navigating on the oceans and various new technologies such as the compass were invented during the age of exploration. North America, India, Australia, and other notable countries were discovered as a new land by the navigators during this period.

The us is first  the  u.s. economy  remains the  largest in the world  in terms of nominal  gdp. however, the  u.s. economy  loses its spot as the number one  economy  to china when  measured  in terms of  gdp  based on ppp. in these terms, china's  gdp  is $23.19 trillion exceeds the  u.s. gdp  of $19.42 trillion

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