Question
Which of the following explains a result of the Commercial Revolution in Europe?(1 point) Responses 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. Global trade and exchange decreased. Global trade and exchange decreased. 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 of silver, particularly from Spanish mines in the Americas, contributed to significant inflation in Europe during the period known as the Price Revolution. The other options provided are inaccurate in the context of the Commercial Revolution.
**The influx of silver caused inflation in European economies.**
This influx of silver, particularly from Spanish mines in the Americas, contributed to significant inflation in Europe during the period known as the Price Revolution. The other options provided are inaccurate in the context of the Commercial Revolution.