In the Olden Days, Chinese Traders used to keep their Goods in Different Boats, while sailing through Treacherous Waters. Analyse, Why?
A)Chinese Boats were Small, and they carried Heavy Goods.
B)The Chinese Government mand ated that, Goods should be distributed among Multiple Shipping Companies, so that, there is Equal Distribution of Business.
C)Chinese Traders placed their Goods in Multiple Boats, because it provided Insurance against Total Loss.
D)Chinese Traders placed their Goods in Multiple Boats, because it was Cheap.

Question

Quizplus · Accepted Answer

Placing goods in multiple boats was a strategic decision to mitigate risk. If one boat sank or was attacked, not all goods would be lost, providing a form of insurance against total loss. This practice was especially important given the dangers of maritime trade routes, including piracy and natural disasters.

In the Olden Days, Chinese Traders Used to Keep Their