What economic changes came during the commercial revolution?

The Commercial Revolution was known to be a period of European economic development, colonialism and mercantilism. This period lasted from the late 13th century towards the early 18th century time period, it was then successfully continued by the Industrial Revolution during the mid-18th century. Mercantilism refers to the belief of an individual or a nation in the old times about the benefits of profitable trading, while colonialism refers to the course of action or run through of obtaining complete or limited administrative control over a different nation, conquering it with colonists, and taking advantage of it economically.