How did the economics of the Commercial Revolution affect European society? Governments began to take control of private businesses to take advantage of the profits. Most hired laborers became part of

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asked Jul 18, 2019 195k views

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How did the economics of the Commercial Revolution affect European society? Governments began to take control of private businesses to take advantage of the profits.

Most hired laborers became part of the middle class as their income increased. Gold and silver from the Americas gave rise to a new business class.
Investment in the Americas reduced disparities in Europe.