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.
What did the Commercial Revolution accomplish?
The Commercial Revolution helped
to connect Europe with the rest of the world through trade, commerce, and investing
. It brought the European influence to other countries, and in turn these countries influenced Europe when it came to food, clothing, and other items.
What were three results of the Commercial Revolution?
a.
Increased Imports
and World Trade
1. Western Europe imported many commodities from the New World and the far East: potatoes, tomatoes, peanuts, chili peppers, avocados, squash, pumpkin, Indian corn (maize), tobacco, chocolate, cane sugar, tea and quinine. Some of these items were new to western Europe.
Which was a direct result of the Commercial Revolution?
How did the Commercial Revolution increase and change the economies of Europe? The Commercial Revolution encourage
trade through the discovery of trade routes to Asia and Africa
. … Trade resulted in exploration and the conquering of new lands, which brought power to many nations.
How did Europe’s commercial revolution affect the social structure?
Merchants, bankers, and capitalists became the middle class and grew in size and economic power
. … This ultimately led to a decrease in population growth and a decreased economic burden for families.
What are the causes and effects of the Commercial Revolution?
As money poured in from this new global trade, Europe continued to transform. The Commercial Revolution also
caused a population explosion
. Simply put, as wealth flooded the continent, it allowed for larger families. In turn, these larger families created a work force to sustain and grow Europe’s new global economy.
What social changes were caused by the commercial revolution of the Middle Ages?
The use of money caused serfs to pay for the land in rent rather than with labor
. A new middle class of people appeared: merchants, traders, artisans. Women were allowed to carry on trade and buy and sell their own property.
Who started the Commercial Revolution?
The term commercial revolution was introduced by
Raymond de Roover
in 1942 [2]; it is used in studies of economic history for epochal changes relating to the history of trade, when commercial innovations were concentrated in a short space of time, thus triggering an advance in the long-term development of trade.
What were the causes of China’s Commercial Revolution?
The economic upturn was chiefly propelled by
improved agricultural technologies
; the use of the abacus, gunpowder, and new printing techniques; the growth of domestic and foreign trade; and the development of a money economy.
How did the Commercial Revolution help motivate?
How did the Commercial Revolution help motivate European explorers during the Age of Exploration?
It increased the demand for resources and luxury goods from China and India
. … motivate explorers to seek new trade routes to Asia.
What was the time of Commercial Revolution?
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.
How did the Commercial Revolution increase the power of monarchs?
How did increased trade increase the power of the king?
The King was able to tax the trade coming into their lands, increasing their wealth and power
. Why would workers now have to be paid (as opposed to serfs who were unpaid)?
What was one major difference between Commercial Revolution and the Industrial Revolution?
The Commercial Revolution shifted European workers away from farms, while the Industrial Revolution
caused a majority of Europeans to return to farms
.
What was the Commercial Revolution three worlds meet?
communities were devastated, the population declined, families were torn apart, and slave trading was claimed even more African lives. What was the Commercial Revolution? …
introducing new crops and the decimation of the native population in the New World leading to the enslavement of many people from Africa
.
What social changes were caused by the commercial revolution of the Middle Ages?
The use of money caused serfs to pay for the land in rent rather than with labor
. A new middle class of people appeared: merchants, traders, artisans. Women were allowed to carry on trade and buy and sell their own property.
What was the Commercial Revolution a trade war?
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.
