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Price revolution
The large influx of gold and silver into Europe from Spanish America during the sixteenth century, along with increased demand for limited supplies of goods, set off a three fold rise in prices (the "great inflation") that caused profound economic turmoil, social disruption, and political instability among European peoples and nations.
- Part of Speech: proper noun
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- Industry/Domain: History
- Category: American history
- Company: University of Houston
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