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europe 1

Quiz by Stephanie Mccoy

High School - World History Studies
Social Studies (2022)
Texas Essential Knowledge and Skills (TEKS)

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10 questions
Show answers
  • Q1
    What was one major effect of the Commercial Revolution in Europe between 1450 and 1750?
    The development of banking systems facilitating long-distance trade.
    The rise of joint-stock companies enabled broader investment in trade ventures.
    A decrease in agricultural production due to urban migration.
    The establishment of more stringent trade tariffs by governments.
    30s
    H.7.D
  • Q2
    Which economic principle became prominent during Europes Commercial Revolution and facilitated global trade?
    Capitalism, promoting privately owned businesses and free markets.
    Mercantilism, which emphasized accumulating wealth through a favorable balance of trade.
    Socialism, advocating state ownership of key industries.
    Feudalism, focusing on land-based wealth controlled by nobility.
    30s
    H.7.D
  • Q3
    What innovation during the Commercial Revolution allowed for safer and more efficient trade on the seas?
    The invention of the steam engine, enabling faster sea voyages.
    The creation of the telegraph for maritime communication.
    The development of better navigational tools, such as the astrolabe and compass.
    The introduction of public railways for overland transport.
    30s
    H.7.D
  • Q4
    How did the Commercial Revolution contribute to the rise of a new social class in Europe?
    It encouraged the rise of a new warrior class for protecting trade routes.
    It led to the emergence of a wealthy merchant class as trade flourished.
    It caused the formation of a powerful peasant class through land ownership.
    It resulted in the decline of the nobility due to lost land revenues.
    30s
    H.7.D
  • Q5
    Which financial institution gained prominence during Europe's Commercial Revolution, facilitating international trade?
    Insurance companies, offering policies for merchant voyages.
    Stock exchanges, allowing for the buying and selling of company shares.
    Banks, which provided credit and secured transactions for merchants.
    Credit unions, which pooled resources for local business ventures.
    30s
    H.7.D
  • Q6
    What was a key characteristic of capitalism that emerged during the Commercial Revolution in Europe?
    Mandatory state partnerships in all trade activities to ensure stability.
    Community-based ownership and collective decision-making in industries.
    Private ownership of businesses enabled individuals to invest in and profit from trade.
    Government control over all means of production and trade.
    30s
    H.7.D
  • Q7
    What economic impact did the introduction of the triangular trade have during the Commercial Revolution?
    It led to the decline of European economies due to increased competition.
    It stimulated European economies by increasing access to raw materials and new markets.
    It caused stagnation in economic growth due to resource limitations.
    It restricted European trade to only a few regions of the world.
    30s
    H.7.D
  • Q8
    What was the role of the Columbian Exchange during the Commercial Revolution?
    It strictly limited the exchange of agricultural products to nearby regions.
    It was a policy to exchange only manufactured goods among European countries.
    It led to the closure of European ports to non-European goods and trade.
    It facilitated the global transfer of goods, animals, plants, and ideas, enriching economies.
    30s
    H.7.D
  • Q9
    Which innovation in financial practices emerged during Europe's Commercial Revolution to support rising trade activities?
    The establishment of a standard international currency across nations.
    The immediate use of cryptocurrency for faster payments.
    The use of bills of exchange allowed merchants to conduct transactions across long distances.
    The exclusive reliance on barter systems for trade.
    30s
    H.7.D
  • Q10
    What was a significant impact of the emergence of joint-stock companies during the Commercial Revolution?
    They led to the nationalization of all trading companies by governments.
    They allowed for the pooling of capital to fund large-scale overseas ventures.
    They restricted trade to local markets due to limited funding.
    They forced small business owners out of the market due to monopolization.
    30s
    H.7.D

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