Question
Which of the following explains a result of the Commercial Revolution in Europe?(1 point)
Responses
Global trade and exchange decreased.
Global trade and exchange decreased.
The influx of silver caused inflation in European economies.
The influx of silver caused inflation in European economies.
New World commodities were banned from Old World markets.
New World commodities were banned from Old World markets.
Spain experienced long-term wealth and economic power.
Responses
Global trade and exchange decreased.
Global trade and exchange decreased.
The influx of silver caused inflation in European economies.
The influx of silver caused inflation in European economies.
New World commodities were banned from Old World markets.
New World commodities were banned from Old World markets.
Spain experienced long-term wealth and economic power.
Answers
GPT-4o mini
The correct response that explains a result of the Commercial Revolution in Europe is:
**The influx of silver caused inflation in European economies.**
This influx, particularly from the New World, led to significant inflation known as the Price Revolution.
**The influx of silver caused inflation in European economies.**
This influx, particularly from the New World, led to significant inflation known as the Price Revolution.