The following economic factor contributed to the success of Europe commercial revolution:
1. The discovery of the sea routes to Asia and America. This provided a great opportunity to the expansion of European commerce.
2. The rise of the banking institution.
3. The formation of the trading companies, which was encouraged by the government.<span />
OLIGARCHY is ruled by the elite members of society
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Help new American industries compete with large established European factories. During the early days<span> of </span>industrialization<span>, </span>many members of Congress believed that tariffs were necessary to<span> help new American industries compete with large established European factories.
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