Responses
the influx of silver that resulted in economic turmoil for European nations
the influx of silver that resulted in economic turmoil for European nations
the establishment of new economic, political, and social systems as well as banking and a futures market
the establishment of new economic, political, and social systems as well as banking and a futures market
the “discovery” of the New World that prompted European nations to establish territories
the “discovery” of the New World that prompted European nations to establish territories
the exchange of goods, diseases, and ideas that resulted from contact between the New World and Old World
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The response that best describes the Commercial Revolution is:
the establishment of new economic, political, and social systems as well as banking and a futures market.
This period, which took place roughly from the 11th to the 18th centuries, involved significant changes in trade and commerce, including the rise of a merchant class, the development of new financial institutions, and the expansion of trade routes.
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