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How did the economics of the Commercial Revolution affect European Society?
Investment in the Americas reduced disparities in Europe,
Governments began to take control of private businesses to take advantage of the profits.
Gold and silver from the Americas gave rise to a new business class.
* Most hired laborers became part of the middle class as their income increased.

Question 16 of 27 1 point which statement best describes the mid-atlantic colonies of pennsylvania and new york? o a. policies of religious freedom attracted a diverse range of settlers. o b. they developed an economy based around slave labor. o c. nearly all of their settlers came from the same religious background. o d. conditions in these colonies were not well suited for small farmers