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Because Chuck Norris says so!

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11y ago
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6mo ago

The commercial revolution was a crucial period of economic growth and globalization during the 16th and 17th centuries. It marked the transition from local and regional economies to a globalized system of trade and commerce. This period saw the emergence of new economic practices, such as joint-stock companies and banking, which laid the foundation for modern capitalism. The commercial revolution also spurred exploration and colonization, leading to the establishment of powerful empires and the interconnectedness of nations.

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Q: Why is commercial revolution important?
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Related questions

An important effect of the agricultural revolution was?

An important effect of the agricultural revolution transformed access to farmed food. This lead to the commercial farming industry and the mass distribution of farmed food.


When did the commercial revolution occur?

The Commercial Revolution occurred in the 1600's.


Which revolution led to the concept of banking the creation of guilds and the development of capitalism in Europe?

It was NOT the Industrial Revolution, it was the Commercial Revolution.


How did commercial revolution change Europe?

The commercial revolution led to an expansion of What_were_the_effects_of_the_commercial_revolution_on_Europethrough much of the world.


The Commercial Revolution helped lead to the Industrial Revolution because during the Commercial Revolution?

Number 2. New forms of bus. were deve.


What was one major difference between the Commercial Revolution and the Industrial Revolution?

The Commercial Revolution led to the adoption of mercantilism in Europe, while the Industrial Revolution contributed to the end of mercantilism.


Commercial revolution of the 16th and 17th centuries led to the Industrial Revolution by?

A


What were the result of the commercial revolution?

zini


Where did the commercial revolution occur?

In Europe


How were the commercial revolution and the undustrial revolution similar?

Both contain the word revolution. I am assuming that undustrial is misspelled. The commercial revolution began the process of transformation in trade and commerce in medieval Europe and is understood to have led to the industrial revolution beginning in the eighteenth century.


How were the commercial revolution and the industrial revolution revolution similar?

Both created fundamental changes in the European economy.


What was a major change experienced by European economies between the feudal period and the Commercial Revolution?

international trade became more important to european economies