The best description of the Commercial Revolution is "the establishment of new economic, political, and social systems as well as banking and a futures market." The Commercial Revolution refers to the period of European economic expansion, colonialism, and mercantilism that began in the late Middle Ages and continued into the early modern period, characterized by the rise of banking institutions, international trade, and the development of a capitalist economy.
Which of the following best describes the Commercial Revolution?(1 point) 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 exchange of goods, diseases, and ideas that resulted from contact between the New World and Old World the exchange of goods, diseases, and ideas that resulted from contact between the New World and Old World 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 establishment of new economic, political, and social systems as well as banking and a futures market
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