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7 October, 04:46

How did the economics of the Commercial Revolution affect European society?

Investment in the Americas reduced disparities in Europe.

Most hired laborers became part of the middle class as their income increased.

Governments began to take control of private businesses to take advantage of the profits.

Gold and silver from the Americas gave rise to a new business class.

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  1. 7 October, 07:40
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    Gold and silver from the Americas gave rise to a new business class.
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