What was a significant outcome of the Commercial Revolution that took place in Europe during the late medieval and early modern periods?(2 points) Responses
The emergence of joint-stock companies and the
development of modern banking systems.
A decline in international trade due to increased regional self-sufficiency.
The establishment of feudalism as the dominant economic system.
The prioritization of agrarian practices over commercial activities.
1 answer
The emergence of joint-stock companies and the development of modern banking systems.