Which statement best analyzes the economic impact of Muslim trade on Europe?(1 point)
Responses
Arab nations adopted the roman numeral system to standardize accounting practices.
Arab nations adopted the roman numeral system to standardize accounting practices.
Muslim trade led to European nations adopting Islam as their state religion.
Muslim trade led to European nations adopting Islam as their state religion.
European nations exported silk through Arab merchants.
European nations exported silk through Arab merchants.
Muslim trade contributed to the growth of the merchant class and commercial economy in Europe.
Muslim trade contributed to the growth of the merchant class and commercial economy in Europe.
The statement "Muslim trade contributed to the growth of the merchant class and commercial economy in Europe" best analyzes the economic impact of Muslim trade on Europe.
The correct statement that best analyzes the economic impact of Muslim trade on Europe is:
" Muslim trade contributed to the growth of the merchant class and commercial economy in Europe."
To determine the correct answer, we need to understand the economic effects of Muslim trade on Europe. One way to approach this is to consider the historical context: during the medieval period, the Muslim traders, specifically Arab merchants, played a crucial role in linking Europe with the lucrative trade networks of the Islamic world.
Muslim traders brought goods such as spices, textiles, ceramics, and precious metals from the Islamic world to Europe. This led to an increase in the availability and variety of goods for European consumers and also created new markets for local European products.
The increase in trade and the emergence of commercial routes facilitated the growth of the merchant class in Europe. This, in turn, led to the expansion of the commercial economy, with merchants engaging in long-distance trade, banking, and other economic activities.
Therefore, the statement "Muslim trade contributed to the growth of the merchant class and commercial economy in Europe" best analyzes the economic impact of Muslim trade on Europe.