What effect of the Commercial Revolution on Europe was to?

The Commercial Revolution led to significant economic growth in Europe, spurring the rise of a capitalist economy characterized by increased trade and commerce. It facilitated the expansion of markets, the establishment of joint-stock companies, and the emergence of a merchant class, which contributed to urbanization and the development of financial institutions. Additionally, it encouraged exploration and colonization, as European powers sought new trade routes and resources, ultimately reshaping global trade dynamics.