Final answer:
The Commercial Revolution resulted in significant economic growth and trade, marking a transition from feudal, agrarian economies to capitalist and market-oriented systems.
Step-by-step explanation:
The effect of the Commercial Revolution was that it led to economic growth and trade. This period was marked by the emergence of a European economy based on trade, extensive overseas exploration, and the establishment of colonial empires. With the spread of banking, joint-stock companies, and various financial innovations, there was a significant transition from localized economies that were predominantly agrarian to a more global, interconnected economy focused on commerce and manufacturing.
Some of the major outcomes included the rise of capitalism, the increased use of monetary exchanges, the acceleration of international trade, and the foundation for the modern global economy. The influx of precious metals from the New World also played a crucial role in stimulating European economies.