QUESTION IMAGE
Question
- only western europe experienced economic growth and urbanization during the commercial revolution.
- true
- false
- the rise of trade and banking had no effect on social classes or daily life.
- true
- false
part c -- short answer
- in 1 - 2 sentences, explain how the commercial revolution laid the groundwork for modern capitalism.
- give one example of how ordinary europeans daily lives changed as a result of the commercial revolution.
Brief Explanations
- During the Commercial Revolution, economic growth and urbanization occurred in multiple regions, not just Western Europe. Also, the rise of trade and banking led to the emergence of new social classes like the bourgeoisie and changes in daily - life such as new consumption patterns. For the short - answer questions, the Commercial Revolution increased trade, created a money - based economy, and new business practices which are fundamental to modern capitalism. An example of how ordinary Europeans' daily lives changed is the availability of new goods like spices and textiles from overseas.
- For the true - false questions:
- The statement "Only Western Europe experienced economic growth and urbanization during the Commercial Revolution" is false as other regions also saw growth due to increased global trade.
- The statement "The rise of trade and banking had no effect on social classes or daily life" is false because it led to significant social and lifestyle changes.
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- False
- False
- The Commercial Revolution increased trade, established a money - based economy, and new business practices, laying the groundwork for modern capitalism.
- Ordinary Europeans had access to new goods like spices and textiles from overseas.