Is exploration and voyages were financed by kings merchants and bankers who hoped to become wealthy true or false?

True. Exploration and voyages during the Age of Discovery were often financed by kings, merchants, and bankers who sought to expand trade routes and access valuable resources. These investors aimed to achieve wealth through new territories, trade opportunities, and the acquisition of spices, gold, and other commodities. Their financial backing was crucial for funding expeditions and establishing colonies.