The Commercial Revolution

What are the probable reasons that cause the Commercial Revolution?

• Europe's discovery of advertising and marketing.

• Europe's discovery and colonization of the Americas.

• Europe's discovery of advertising business and trade to consumers

Two important features of the Commercial Revolution were ...

• The rise of the guilds and the growth of banking

• The rise of capitalism and the growth of banking

• the rise of the nobility and the expansion of credit facilities

The Commercial Revolution changed the basis of commerce from a local and regional plane to ...

• a worldwide scale

• a restricted one

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CCSS.RI.11-12.5

CCSS.RI.6.5

CCSS.RI.7.5

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CCSS.RI.9-10.5

What was mercantilism?

• The idea a colony should be self-sufficient

• The idea a mother country needs to defend her colonies

• The idea colonies existed to benefit and serve their mother countries

Which social class grew during the Commercial Revolution?

• Nobility

• Serfs

• Middle class

 

What was a result of the rise of the merchant class in Europe?

• A decrease of wealth

• The end of the Feudal system

• A decrease in the slave trade

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CCSS.RI.11-12.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

During Europe's Commercial Revolution in the 16th century, joint-stock companies were _____.

• only owned by royalty

• illegal in England

• owned by shareholders who shared its profits in accordance with the amount they had invested

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CCSS.RI.11-12.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

During Europe's Commercial Revolution in the 16th century, bills of exchange _____.

• allowed Europeans to deposit and withdraw gold from banks

• were illegal within Italy

• were only issued by kings and queens

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CCSS.RI.11-12.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

One disadvantage of the domestic system was ...

• there was no regular schedule of hours

• freedom from the supervision of a foreman

• workers had no means of protecting themselves from dishonest employers

The most tragic result of the Commercial Revolution was ...

• the decline of the guilds

• the rise of absolute monarchs

• the revival of slavery

Tags

CCSS.RI.11-12.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5