Question

In addition to population growth, what caused inflation in European economies during the fifteenth century?(1 point)
Responses

the increasing price of spices
the increasing price of spices

the influx of cochineal
the influx of cochineal

the influx of silver from America
the influx of silver from America

the influx of gold from America
the influx of gold from America

Answer 1

The correct response is **the influx of silver from America**. The significant influx of silver, particularly from Spanish colonies in the Americas, contributed to inflation in European economies during the fifteenth century, as it increased the money supply and resulted in rising prices.