USA HISTORY

FIRST CONTACTS 28000 BCE 1821 CE

SPANISH COLONIES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How did the Commercial Revolution change economic practices in Europe?
A
The manorial system was established..
B
The Church became a major economic power.
C
A capitalist economy was developed
D
Colonies were granted independence.
Explanation: 

Detailed explanation-1: -The Commercial Revolution led to capitalism. During this important phase in European history, goods and currency were rapidly exchanged, and the fact that goods were available in much larger quantities than in the past allowed for competitive pricing.

Detailed explanation-2: -Western Europe’s population increased, in part due to the availability of additional food supplies. Western Europe’s population also began to change residence from rural areas into urban centers. Some lesser nobles and many peasants, both groups having difficulty surviving on the land, moved to the cities.

Detailed explanation-3: -The Commercial Revolution was an economic, social, and political revolution that affected cities, regions, and states throughout Europe. It happened because of a number of factors, including the discovery of America, the rise of colonialism, and the beginning of specialization.

Detailed explanation-4: -Commercial Revolution, Great increase in commerce in Europe that began in the late Middle Ages. It received stimulus from the voyages of exploration undertaken by England, Spain, and other nations to Africa, Asia, and the New World.

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