During the 16th-17th century 'Price Revolution' in Europe, which factor is widely considered by historians to be the PRIMARY cause of the sustained price inflation that transformed pricing strategies?

The 16th and 17th centuries witnessed a dramatic economic event known as the 'Price Revolution' that fundamentally changed how goods were priced and marketed. This period saw unprecedented inflation and the development of early modern pricing strategies as European economies grappled with new market forces. Test your knowledge about this fascinating period that helped shape modern pricing concepts and consumer markets.

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The influx of American silver and gold into Europe
The Black Death reducing the labor supply
The invention of the printing press lowering production costs
The rise of banking houses like the Medici family