Question

Which of the following describes how economic changes impacted Europe during the Renaissance?(1 point) Responses The Renaissance art sculptures created financing for exploration, which expanded Europe. The Renaissance art sculptures created financing for exploration, which expanded Europe. The Crusades in the Mediterranean created financing for exploration, which expanded Europe. The Crusades in the Mediterranean created financing for exploration, which expanded Europe. The development of the banking system created financing for exploration, which expanded Europe. The development of the banking system created financing for exploration, which expanded Europe. The treatise called The Prince created financing for exploration, which expanded Europe.

Answer 1

The statement that best describes how economic changes impacted Europe during the Renaissance is: The development of the banking system created financing for exploration, which expanded Europe.

The rise of banks and financial institutions during the Renaissance allowed for increased investment in exploration and trade, facilitating broader economic growth and the expansion of European influence globally.