Describe the political and economic changes that occurred in medieval Europe that later led to European colonization.(1 point)ResponsesPolitical changes included the decline of nation-states and city-states. Economic changes included the East-West Schism.Political changes included the decline of nation-states and city-states. Economic changes included the East-West Schism.Political changes included the emergence of banks and loans. Economic changes included the Reconquista and the fall of Constantinople.Political changes included the emergence of banks and loans. Economic changes included the Reconquista and the fall of Constantinople.Political changes included an increase in trade. Economic changes included a rebalance of economic power due to a human labor shortage.Political changes included an increase in trade. Economic changes included a rebalance of economic power due to a human labor shortage.Political changes included the rise of European monarchies and changes in the balance of power in Europe. Economic changes included a rebalance of economic power due to a human labor shortage.

Political changes included the rise of European monarchies and changes in the balance of power in Europe. Economic changes included a rebalance of economic power due to a human labor shortage.