What factors led to the commercial revolution?

What factors led to the commercial revolution?

For starters, the Commercial Revolution was a period of European economic expansion, which began in the 16th century. The catalyst for this expansion was Europe’s discovery and colonization of the Americas. As trade routes grew between the New World colonies and Old World Europe, the European continent was transformed.

When did the commercial revolution occur in Europe?

13th century

How did the commercial revolution help motivate?

The main way in which the commercial revolution helped motivate european explorers during the age of exploration is that it increased their profit margins.

What were the causes of China’s commercial revolution?

The economic upturn was chiefly propelled by improved agricultural technologies; the use of the abacus, gunpowder, and new printing techniques; the growth of domestic and foreign trade; and the development of a money economy.

Which class of European society benefited most from the commercial revolution?

Western Europe’s middle class – merchants, bankers, capitalists – grew in number and achieved greater economic power. However, the middle class was Page 2 not content. Considered inferior to the landowning nobles and ruled by absolute monarchs, the middle class lacked social status and political power.

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How did the commercial revolution contribute to increased education in China?

How did the commercial revolution contribute to increased education in China? More people could afford books and the cost of educating their children. The price of books increased, making them affordable only to the wealthy.

What was life like in Qing China?

So living during the Qing Dynasty in China the majority of the population depended on cultural traditions and ancient beliefs (some of these beliefs have been covered in previous blogs; these include Confucianism, Buddhism and Dragon culture). Many people also farmed the land and owned simple farming tools.

Why did China fail in the 19th century?

By the mid-nineteenth century China’s population reached 450 million or more, more than three times the level in 1500. The inevitable results were land shortages, famine, and an increasingly impoverished rural population. Heavy taxes, inflation, and greedy local officials further worsened the farmer’s situation.