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
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
Answers
GPT-4o mini
The primary cause of inflation in European economies during the fifteenth century, in addition to population growth, was **the influx of silver from America**. The large amounts of silver brought back from the New World significantly increased the money supply in Europe, contributing to inflation.