The correct response is the influx of silver from America. During the fifteenth century, the arrival of large quantities of silver, particularly through Spanish conquests and mining in the Americas, significantly impacted European economies and contributed to inflation.
Question
In addition to population growth, what caused inflation in European economies during the fifteenth century?(1 point)
Responses
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
the increasing price of spices
the influx of silver from America
the influx of silver from America
1 answer
1 answer