Answer: The Commercial Revolution was the creation of a European economy based on trade. Explanation: It began in the 11th century with the Crusades and lasted until the Industrial Revolution in the 18th century.
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Table of Contents
What was the Commercial Revolution answer?
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.
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What was the Commercial Revolution quizlet?
What was the Commercial Revolution? A time in which new business practices* developed and changes in European society took place as the result of increased trade.
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What was the Commercial Revolution and what led to it?
The Commercial Revolution was a period of European economic expansion, which began in the 16th century. The catalyst for this expansion was Europe’s discovery and colonization of the Americas.
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What happened Commercial Revolution?
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.
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What is meant by the Commercial Revolution?
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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What was the Commercial Revolution 1500s?
The Commercial Revolution was a period of European economic expansion, which began in the 16th century. The catalyst for this expansion was Europe’s discovery and colonization of the Americas.
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What was the Commercial Revolution in the 16th century?
Events that took place between 1450 and 1800 are known as the “Commercial Revolution”. These events marked a transition from a mostly slow economy in mediaeval Europe into a more rapidly evolving system that was more dynamic.
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What was the Commercial Revolution American history?
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. It was succeeded in the mid-18th century by the Industrial Revolution.
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What led to the Commercial Revolution?
From the years 1000 to 1300, Europe’s population nearly doubled. This demographic growth led to urbanization, which in turn led to the Commercial Revolution, as Europe became involved in trading around the world. Europe also developed a more sophisticated monetization system during this period.
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What was the Commercial Revolution and how did it begin?
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.
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What was the Commercial Revolution answer?
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.
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What is the Commercial Revolution quizlet world history?
Commercial revolution. The Commercial Revolution was a period of European economic expansion, colonialism, and mercantilism which lasted from approximately the 16th century until the early 18th century. It was succeeded in the mid-18th century by the IndustrialRevolution.
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What were the effects 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.
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What was the Commercial Revolution and why did it happen?
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.
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What was the Commercial Revolution and why did it happen?
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.
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How did the Commercial Revolution contribute?
The commercial revolution of the late Middle Ages had already opened up new trade routes and stimulated innovative business practices. The maritime expansion contributed to an accumulation of wealth, growth of the middle classes and a rise of entrepreneurship that fostered the Industrial Revolution.
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How did the Commercial Revolution start?
In 1602, the Dutch East India Company issued the first shares on the Amsterdam Stock Exchange. It was the first company to issue stocks and bonds. The Amsterdam Stock Exchange (or Amsterdam Beurs) is also said to have been the first stock exchange to introduce continuous trade in the early 17th century.
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