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how exploration led to capitalism

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Chanelle Morar

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3y ago

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How did exploration and trade contributed to the growth of capitalism in Europe during this time?

how exploration led to capitalism


What development contributed to the eventual rise of capitalism in Europe?

The expansion of the consumer market during the commercial revolution.


What country was powerful in Europe during the golden age of exploration?

There were multiple most powerful countries in Europe during the Golden Age of Exploration. They included Spain, France, and England.


Did rulers discourage exploration outside of Europe during the Renaissance?

no


Did Europe shift to an age of capitalism?

Europe became capitalist during the fall of feudalism.


Why decline the foundation for capitalism in Europe during the middle age?

There was never capitalism in Europe in the Middle Ages. Capitalism is a modern idea and developed in the 20th century. The Middle Ages were a feudal society where only one percent of the population were in control and everyone else worked for them.


What development during the late Middle Ages laid the foundation of capitalism in Europe?

the decline of agricultural economies


What is the inflation and what caused it in Europe during the age of exploration?

The so-called Age of Exploration was a period from the early 15th century and continuing into the early 17th century, during which European ships were traveled around the world to search for new trading routes and partners to feed burgeoning capitalism in Europe. A final result of exploration was a new economic policy called mercantilism. European rulers believed that piling up wealth was the best way to build their countries' power. For this reason, they tried to reduce the things they bought from other countries and increase the items they sold.


During the Renaissance (14th to 17th century) Europe saw a rise in sea navigation and exploration to North and South America. How did this exploration affect Europe's trade market with Africa?

It made Europe increasingly dependent on Africa for trade.


What did europe contribute to Ohio during the Civil War?

THEY CONTRIBUTED MEN ,ARMS,SUPPLIES,TRANSPORTATION


What conditions in Europe during the late 1400s combined to make such voyages of exploration from Columbus's journey westward?

No


When did capilalsm emerge?

Capitalism emerged during the late Middle Ages and early Renaissance in Europe, evolving from feudal economic structures. The rise of capitalism was marked by the growth of trade, investment in businesses, and the development of banking systems.