Final answer:
During the 1500s, Europe underwent significant social and economic changes. The Renaissance led to a shift in cultural values and a focus on individualism and humanism. Economically, Europe experienced expansion and exploration, resulting in the growth of trade and the merchant class.
Step-by-step explanation:
The 1500s marked a time of significant change in Europe, both socially and economically. One of the key social changes was the emergence of the Renaissance, a period of renewed interest in art, literature, and learning. This led to a shift in cultural values, with a focus on individualism and humanism. Economically, Europe experienced a period of expansion and exploration, with the discovery and colonization of new lands, such as the Americas. This resulted in the rise of trade networks and the growth of merchant class.