The Renaissance ushered in the Age of Exploration, which played a large role in the expansion of trade and the Commercial Revolution. Because of discovery voyages and acquisitions, Europeans were able to expand trade networks and increase their world power through empires.
The Renaissance ushered in the Age of Exploration, which played a large role in the expansion of trade and the Commercial Revolution. Because of discovery voyages and acquisitions, Europeans were able to expand trade networks and increase their world power through empires.
because of the trade of goods during the renaissance
because of the trade of goods during the renaissance
During the Renaissance, cartographers (mapmakers) rediscovered the teachings and writings of the ancient Greeks and Romans, which led to advances in navigation (and therefore exploring the world).
the demand for luxury goods led to an increase in trade this made many tradesmen wealthy
Their participation in trade between Europe and the East
The more goods and agriculture the more there is to trade. The more trading the more money to the ore power.
it made trading faster because it provided a fast route between cities.
It helped by trading with the other countries and the travelers finding more land lead to finding the new world.
Improved transportation would lead to a larger access to cities or towns who would also trade in return. Those trading back might give you some valuable items that will help the city prosper. Therefore causing increased trade and prosperity.
Government regulations and trading blocs significantly influence trade by shaping the rules and conditions under which goods and services are exchanged. Regulations can impose tariffs, quotas, and standards that either facilitate or hinder trade, depending on their nature. Trading blocs, such as the European Union or NAFTA, promote trade among member countries by reducing barriers and fostering economic integration, which can lead to increased trade volumes and economic growth. However, they may also create trade diversion, where trade shifts from more efficient non-member producers to less efficient member producers due to preferential treatment.
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