What were essential elements of Commercial Revolution?

Answer 1

These are:

1. increased in capital
2. rise of banking
3. introduction of credits facilities
4. international commercial expansion
5. development of efficient money economy

Answer 2

The essential elements of the Commercial Revolution were the expansion of trade and exploration, the development of banking and finance systems, the establishment of colonies and mercantilism, and the growth of capitalism. These elements led to increased economic activity, the rise of merchant classes and capitalism, and the integration of economies on a global scale.