The significant expansion of trade and commerce in the early modern period was fueled by

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All of these factors contributed to the significant expansion of trade and commerce in the early modern period. The price revolution, which saw prices rise due to increased demand for goods and a limited supply, allowed merchants and landlords to sell their goods at higher prices, leading to greater profits. The growth in population created new markets for goods and services, further fueling expansion. Higher incomes for merchants, landlords, and some peasants gave individuals and businesses more capital to invest in trade and commerce, facilitating growth. Additionally, the growth of the state and its role in regulating trade and commerce also played a significant role in facilitating expansion.

The Significant Expansion of Trade and Commerce in the Early