asked 206k views
4 votes
Identify the technological and economic innovations that facilitated the Commercial Revolution. (1

O navigational technology, joint-stock companies, banks, and insurance companies
O navigational technology, joint-stock companies, banks, and exploitation
O navigational technology, joint-stock companies, banks, and loans
O mercantilism, joint-stock companies, banks, and insurance companies

asked
User Manta
by
8.6k points

1 Answer

3 votes

Final answer:

The technological and economic innovations of the Commercial Revolution were navigational technology, joint-stock companies, banks, and insurance companies.


Step-by-step explanation:

The technological and economic innovations that facilitated the Commercial Revolution were navigational technology, joint-stock companies, banks, and insurance companies. Navigational technology, such as improved maps and navigational instruments, made long-distance travel and trade easier and safer. Joint-stock companies allowed investors to pool their resources and share the risks and profits of trade ventures. Banks provided capital for loans and helped facilitate international trade. Insurance companies emerged to manage the risks associated with long-distance trade.


Learn more about Technological and economic innovations of the Commercial Revolution

answered
User MemC
by
8.2k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.