commercial revolution

listen to the pronunciation of commercial revolution
Englisch - Englisch
Great increase in commerce in Europe that began in the late Middle Ages. It received stimulus from the voyages of exploration undertaken by England, Spain, and other nations to Africa, Asia, and the New World. Among the features associated with it were a surge in overseas trade, the appearance of the chartered company, acceptance of the principles of mercantilism, the creation of a money economy, increased economic specialization, and the establishment of such new institutions as the state bank, the bourse, and the futures market. The Commercial Revolution helped set the stage for the Industrial Revolution
commercial revolution

    Silbentrennung

    com·mer·cial rev·o·lu·tion

    Türkische aussprache

    kımırşıl revıluşın

    Aussprache

    /kəˈmərsʜəl ˌrevəˈlo͞osʜən/ /kəˈmɜrʃəl ˌrɛvəˈluːʃən/
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