Which of the following explains a result of the Commercial Revolution in Europe?(1 point)

Responses

New World commodities were banned from Old World markets.

New World commodities were banned from Old World markets.

Spain experienced long-term wealth and economic power.

Spain experienced long-term wealth and economic power.

Global trade and exchange decreased.

Global trade and exchange decreased.

The influx of silver caused inflation in European economies.

1 answer

The response that best explains a result of the Commercial Revolution in Europe is:

The influx of silver caused inflation in European economies.

The influx of silver, particularly from Spanish colonies in the Americas, significantly affected European economies, leading to inflation and economic shifts during the Commercial Revolution.