3 years ago

What were the causes of capitalism?

1 answer:

3 0

Answer:

This system uses the investment of money, or 'capital', to produce profits. ... This wealth – sometimes called 'capital' – had to be invested somewhere. It was used to pay for the industrialisation of Europe. So the transatlantic slave trade and plantation wealth were the major causes of the growth of capitalism in Europe.

Explanation:

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What were the causes of capitalism?​

What were the causes of capitalism?