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 was the Commercial Revolution and what was its impact on Europe?
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. ADVERTISEMENTS: A number of factors contributed to commercial revolution in Europe.
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.
What was one result 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.
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.
How did the Commercial Revolution lead to capitalism?
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.
What was an effect of the Commercial Revolution quizlet?
The Commercial Revolution helped
bring about the agricultural revolution
because the population had grown due to the increase in money, and businesses required more efficient production of raw materials because trade demand had increased.
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 long did the Commercial Revolution last?
The Commercial Revolution was a period of European economic expansion, colonialism, and mercantilism which lasted from
approximately the late 13th century until the early 18th century.
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 made the 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. Beginning with the Crusades, Europeans rediscovered spices, silks, and other commodities rare in Europe.
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)?
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 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
.
How did the Renaissance lead to trade and Commercial Revolution?
During the Renaissance, the European economy grew dramatically, particularly in the area of trade. Developments such
as population growth, improvements in banking, expanding trade routes, and new manufacturing systems
led to an overall increase in commercial activity.
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.
