Question

How did businessmen contribute to the rise of capitalism?

Answer 1

The businessmen contributed to the rise of capitalism by purchasing land and creating frontier communities, as during the 17th and 18th centuries land was America's main productive means.

Rise of Capitalism in the US

Historically, the beginning of capitalism in America can be considered from colonialism, whose English explorers used the colonies to produce agricultural resources through slave labor.

During this period there are several conflicts between explorers and native indigenous peoples, who lost their lands and had their communities destroyed by the colonizers.

Therefore, American businessmen became rich by buying land and creating frontier communities, which later served for the industrialization that took place in the country.

The correct answer is:

• They grew wealthy by buying land and creating frontier communities.

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