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The Commercial Revolution, which occurred from the 13th to 18th centuries, was driven by many factors, including a shift of the economic center to Eastern Europe, the rediscovery of spices and rare items and a new trade route around the southern tip of Africa.What made the Commercial Revolution?
The Commercial Revolution in western Europe began in 1200. The main reason was the return of gold & silver coinage originally brought by the Romans using bullion mined in the east.What social changes were caused by the Commercial Revolution?
The Commercial Revolution caused a myriad of social changes from an expanding middle class to the formation of larger and larger towns and cities.Why was the commercial revolution significant?
The Commercial Revolution is responsible for the creation of private banking, a money economy, trading organizations, and the development of European feudal monarchies into national states. The Commercial Revolution spanned nearly 400 years, from the late 14th century to the middle of the 18th century.