MUHAMMEDSALIH
Answered

Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Experience the convenience of getting accurate answers to your questions from a dedicated community of professionals. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

2.Explain the impact of commercial revolution (16 th century ) in Western Europe.

Sagot :

scouteo

The correct answer to this open question is the following.

The impact of the commercial revolution (16th century ) in Western Europe was the following.

The commercial revolution's impact was that it generated a big competence between European countries in trade. The rules of trade and commerce dramatically changed due to the Columbian exchange and all the goods, raw materials, and natural resources were affected due to this competence between European nations, supply, and demand.

The commercial revolution also saw the beginning of financial institutions and the surge of banking institutions that coined money and made loans.

We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.