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10 April, 09:45

What economic factors and principles contributed to the success of europe's commercial revolution?

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  1. 10 April, 10:12
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    The following economic factor contributed to the success of Europe commercial revolution:

    1. The discovery of the sea routes to Asia and America. This provided a great opportunity to the expansion of European commerce.

    2. The rise of the banking institution.

    3. The formation of the trading companies, which was encouraged by the government.
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