In addition to population growth, what caused inflation in European economies during the fifteenth century
The influx of cochineal
The increasing price of spices
The influx of silver from America
The influx of gold from America
3 answers
All of the options mentioned contributed to inflation in European economies during the fifteenth century.
Pick one
If only one option can be chosen, the influx of gold from America is likely the most significant cause of inflation in European economies during the fifteenth century. The discovery and colonization of the Americas led to a significant influx of gold and other precious metals into Europe, which increased the money supply and led to rising prices of goods and services.
1 answer