In addition to population growth, what caused inflation in European economies during the fifteenth century?(1 point) Responses 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 the increasing price of spices the influx of cochineal

1 answer

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 discovery of silver mines, particularly in places like Potosí and Zacatecas, led to a significant increase in the supply of silver in Europe, which contributed to inflationary pressures as the purchasing power of money declined.

So, the correct response is: the influx of silver from America.