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.