The conversation between human and AI assistant.
How did the Commercial Revolution impact Europe's economy?
Were there any negative impacts on the European economy as a result of the Commercial Revolution?
Yes, there were some negative impacts as well. One of the major consequences of the Commercial Revolution was the growth of economic inequality, as some individuals and regions were able to benefit more than others from the economic growth. Additionally, the expansion of trade and commerce led to an increase in competition, which could be challenging for small businesses and industries.