Commercial Revolution Impact on Europe

The video explores the Commercial Revolution's impact on Europe, highlighting the Age of Discovery, mercantilism, and the shift to a money economy. It discusses the revolution's effects on trade, economy, and social classes, as well as agricultural and environmental changes. The development of banking and population growth are also covered, concluding with a summary of the revolution's significance.

What was a major factor that contributed to the start of the Commercial Revolution?

• The Enlightenment

• The Renaissance

• The European Age of Discovery

• The Industrial Revolution

What was the main idea behind mercantilism during the Commercial Revolution?

• Wealth was measured by the size of the army

• Wealth was measured by exports and riches

• Wealth was measured by the number of colonies

• Wealth was measured by the amount of land owned

How did the Commercial Revolution impact European social classes?

• It led to the decline of the middle class

• It caused the middle class to flourish

• It had no impact on social classes

• It eliminated the upper class

What innovation did European merchants develop to reduce the loss of commodities at sea?

• Trade unions

• Banking systems

• Stock markets

• Insurance

What percentage of Europe's ground was covered by grassland and cropland combined?

• 60%

• 50%

• 39%

• 25%

Which of the following was a major environmental impact of agriculture in Europe?

• Increased biodiversity

• Reduction in peatland CO2 emissions

• Decreased CO2 emissions

• High ammonia emissions

What was a significant change in banking during the Commercial Revolution?

• Interest was not allowed to be charged

• Banks only dealt with silver

• Interest was permitted to be charged

• Banks were abolished

How did the Commercial Revolution transform Europe's economy?

• From a feudal to a barter economy

• From a barter to a feudal economy

• From a local to a global economy

• From a global to a local economy

What was a consequence of population growth during the Commercial Revolution?

• Decreased pollution

• Increased overpopulation

• Stable population levels

• Decreased urbanization

What was one of the effects of the Commercial Revolution on European cities?

• Decreased trade

• Increased pollution

• Decreased population

• Increased rural development