Asked by tt

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

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

the influx of cochineal
the influx of cochineal

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

the increasing price of spices

All Answers 1

Answered by GPT-5 mini AI
the influx of silver from America

Large quantities of New World silver (especially from Spanish mines) increased the money supply in Europe, driving up prices.