Economic Expansion. Rise in the middle or bourgeoisie class 2. How did the Commercial Revolution change European society? It enhanced trade and farming, thus skyrocketing the population and setting the scene for the development of several European countries. The commercial revolution revived Europe. Following the Black Death, there was a recirculating of the economy and urbanisation. The Commercial Revolution occurred as Europeans entered a new age of global trade. C. Commercial Revolution. This began in the 16th century. While the Song dynasty (960-1279) was characterized by financial problems and military weakness, it also experienced an economic expansion so great that it was referred to as the “commercial revolution” by scholars. We now interrupt your regularly scheduled broadcast with a commercial... revolution. The Commercial Revolution: An expansion of trade and business in Medieval Society. The Commercial Revolution gave birth to the practice of mercantilism, and started the expansion of commercial trade. Increased availability of trade goods and new ways of doing business changed life in Europe. As a result of the Commercial Revolution, Europeans had many more products from which to choose. New innovations in banking and finance promoted growth for financial centers and the economy. more books and new forms of learning and entertainment. With the expansion of commerce, there came improvements in navigation and exploration, as European nations looked to increase the size and power of their empires through commerce and conquest. European monarch's became more powerful 3. The commercial revolution was a period of European economic expansion. Image from: Google Sites. Song Dynasty (960-1279): Commercial Revolution. Firstly, the discovery of the sea routes to both Asia and America provided a great fillip to the expansion of European commerce. tea, sugar, coffee, cotton cloth. Growth of populations in towns and urban center. 1. The Commercial Revolution was a sweeping reform of Europe’s economic system centered around trade and developing ideas of capitalism. Taken together, this expansion of trade and business is called the Commercial Revolution. Just as agriculture was expanding and craftsmanship changing, so were trade and finance. Commercial Revolution The Commercial Revolution was a period of European economic expansion, colonialism, and mercantilism which lasted from approximately the 16th century until the early 18th century Colonialism is the establishment, exploitation, maintenance, acquisition and Sources. The Commercial Revolution represents a great period of transformations that took place in Europe between the 16th and 18th centuries. ADVERTISEMENTS: A number of factors contributed to commercial revolution in Europe. One major cause of the commercial revolution was a growing food supply. The Commercial Revolution consisted of the creation of a European economy based on trade, which began in the 11th century and lasted until it was succeeded by the Industrial Revolution in the mid-18th century. KAIFENG, THE SONG METROPOLITAN CAPITAL. COMMERCIAL REVOLUTION – In this article, we will learn and discover the important impacts brought by the commercial revolution. The Commercial Revolution is what initiated modern capitalism. Related posts: The period from 1450 to 1750 in Europe is known as period of com­mercial revolution Essay on English Mercantilists during […] Rise in powerful European nations such as Spain, England and France 4. At the end of the Middle Ages, technological innovations began to appear in Europe. 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