Question

global contact unit test
which of the following best describes the commercial revolution? (1 point)
the influx of silver that resulted in economic turmoil for european nations
the establishment of new economic, political, and social systems as well as banking and a futures market
the exchange of goods, diseases, and ideas that resulted from contact between the new world and old world
the “discovery” of the new world that prompted european nations to establish territories

Explanation:

The Commercial Revolution involved the establishment of new economic, political, and social systems along with the development of banking and futures markets. The influx of silver was just one aspect. The exchange of goods, diseases, and ideas is the Columbian Exchange. The discovery of the New - World and establishment of territories is more related to exploration and colonialism.

Answer:

the establishment of new economic, political, and social systems as well as banking and a futures market