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This study guide covers the Commercial Revolution in Europe, focusing on key innovations in banking and finance (double-entry bookkeeping, Bank of Amsterdam, East India Companies), agricultural and commercial changes (crop rotation, enclosure movement, freehold tenure), and the Columbian Exchange and Price Revolution. It also examines the social effects of these economic shifts, including the rise of a new elite and middle class, population growth and urbanization, and regional differences. The guide provides practice questions and exam tips for the AP European History exam.
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Question 1 of 12
What financial practice, akin to 'financial accountability 101,' was introduced during the Commercial Revolution? 📝
Bartering
Double-entry bookkeeping
The gold standard
Fiat currency