Responses
The influx of silver caused inflation in European economies.
The influx of silver caused inflation in European economies.
Spain experienced long-term wealth and economic power.
Spain experienced long-term wealth and economic power.
New World commodities were banned from Old World markets.
New World commodities were banned from Old World markets.
Global trade and exchange decreased.
Global trade and exchange decreased.
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The correct response that explains a result of the Commercial Revolution in Europe is:
The influx of silver caused inflation in European economies.
This statement accurately reflects the economic impact of increased wealth from the New World, particularly the influx of silver from Spanish colonies, which contributed to inflation in Europe during the Commercial Revolution.
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