USA HISTORY

Detailed explanation-1: -The Commercial Revolution brought inflation, the stock exchange, and the modern banking system. The most essential feature of the Commercial Revolution was trade, made possible by European exploration. Capitalism emerged as a result of the Commercial Revolution.

Detailed explanation-2: -The Commercial Revolution consisted of the creation of a European economy based on trade, which began in the 11th century and lasted until it was succeeded by the Industrial Revolution in the mid-18th century. Beginning with the Crusades, Europeans rediscovered spices, silks, and other commodities rare in Europe.

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: -Direct and constant trade routes between Europe, Asia, Africa, and the Americas, and the free slave workforce enabled Europe’s Commercial Revolution.