Mercantilism contributed to the development of capitalism in Europe.
Explanation:
The discovery of new trading routes and colonies change the structure of the trade in the late 15th century. The bullion of gold and silver from the New World changed the fortune of European states. The merchants and manufactures slowly transform European society through the introduction of new goods and manufacturers. The economic strength of the state described as mercantilism. Capitalist society in Europe formed following the developments from the 16th to 18th centuries. It transforms the feudal order into a merchant and monetary and then into capitalism.
