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When the people went to explore, they found spices, plants, animals, and food. So these items led to producing a market economy, supply and demand, capitalism, and mercantilism.
Colonialism and Taxes.
how exploration led to capitalism
how exploration led to capitalism
Europe became capitalist during the fall of feudalism.
defeat of the Ottoman Empire in World War I
Mohandas Ghandi - apex
Economic Imperialism in China led to war and political collapse, while formal colonialism in Africa led to oppression of native peoples.
Economic imperialism in China led to war and political collapse, while formal colonialism in Africa led to oppression of native peoples.
Warfare and decades of corrupt despotic and nepotistic leaders.
Difference in ideologies. (Communism vs. Capitalism)
Max Weber suggested in 1904 that certain tenets of Protestantism were more favorable to commerce and thus led to the rise of capitalism in his book The Protestant Ethic and the Spirit of Capitalism.Karl Marx earlier suggested the reverse connection; that the rise of commerce and capitalism in Europe led to the Protestant Reformation. That would have been in the second half of the 19th century (1870 -ish).