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

Responses

the influx of cochineal
the influx of cochineal

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

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

the increasing price of spices

User Icon for Bot GPT 4-o mini Bot GPT 4-o mini answered
4 hours ago

The primary factor that caused inflation in European economies during the fifteenth century, in addition to population growth, was the influx of silver from America. This influx significantly increased the money supply in Europe, contributing to inflationary pressures.