Social Sciences, asked by jijisreekumar4, 7 months ago

write the factors which strengthen the commerical contact between the east and west​

Answers

Answered by kishlaykumar795
3

Answer:

The Commercial Revolution consisted of the creation of a European economy based on trade, which began in the 11th century and lasted until it was succeeded by the Industrial Revolution in the mid-18th century. Beginning with the Crusades, Europeans rediscovered spices, silks, and other commodities rare in Europe. This development created a new desire for trade, and trade expanded in the second half of the Middle Ages (roughly 1000 to 1500 AD). Newly forming European states, through voyages of discovery, were looking for alternative trade routes in the 15th and 16th centuries, which allowed the European powers to build vast, new international trade networks. Nations also sought new sources of wealth and practiced mercantilism and colonialism. The Commercial Revolution is marked by an increase in general commerce, and in the growth of financial services such as banking, insurance and investing.

Answered by ashin23yt
0

Explanation:

Mention the factors that led to the strengthening

commercial contacts between the east and west in the

medival world

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