Which of the following best describes the commercial revolution?

Question

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
Influx of silver that resulted in economic turmoil for European nations
Establishment of new economic, political, and social system, as well as banking in a futures market

Answer 1

Establishment of new economic, political, and social system, as well as banking in a futures market