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Question
Answer the following questions briefly:
The capture of Constantinople by the Ottoman Turks led to the beginnings of the Renaissance in Europe. With reference to this statement answer the following question:
What effect did it have on trade?
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Solution
The Renaissance fostered a spirit of exploration and discovery’ which led to steady growth of trade and commerce. A new class of rich merchants emerged in society. These merchants accumulated enormous wealth and helped their rulers to build prosperous, strong, and stable states. The king’s dependence on feudal lands gradually declined.
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