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HistoryClass 11CBSE
Q

There was huge growth of commerce and trade in Europe. What were its results?

A

Answer:
The results of growth of commerce and trade may be summed up in the following ways:

  • In the discovered lands, the Europeans set up their colonies. Later on they were used as markets.
  • Large companies were established for trade. Ruling class were also its members.
  • The growth of commerce and trade increased the number of members of European middle class. They played an important role in the politics of the continent.
  • As a result of the growth of trade and commerce, Europeans prospered a lot.
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