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The expansion of the consumer market during the commercial revolution.

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Wo ah

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The shift from an agricultural economy to consumer markets- Apex

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Q: What development contributed to the eventual rise of capitalism in Europe?
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How exploration and trade contributed to the growth of capitalism in Europe during this time?

how exploration led to capitalism


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

how exploration led to capitalism


According to Weber which religion was a necessary condition for the development of capitalism?

Max Weber argued that Protestantism, particularly the Calvinist branch, was a necessary condition for the development of capitalism. He believed that the Calvinist emphasis on hard work, discipline, and frugality contributed to the growth of capitalist economies in Western Europe.


In Europe joint stock companies shareholders entrepreneurs and the bourgeoisie contributed to what?

...rise of capitalism.


What did the the Commercial Revolution in western Europe lead to?

economic fervor


What is the Merton thesis?

The Merton thesis is a theory proposed by sociologist Robert K. Merton. It suggests that the Protestant work ethic of early Protestantism played a significant role in the development of capitalism in Europe. Merton argued that the values and beliefs of Protestantism, such as hard work, thrift, and honesty, contributed to the rise of capitalism.


Which development contributed to the rise the free enterprise system in Europe?

The shift from an agricultural economy to consumer markets contributed to the rise of the free enterprise system in Europe.


What geography feature contributed to the development of feudalism in Europe?

Hills and bodies of water.


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

the decline of agricultural economies


Which development contributed to rise of the free enterprise system in Europe?

The shift from an agricultural economy to consumer markets contributed to the rise of the free enterprise system in Europe.


Whose teachings encouraged the development of businesses through the use of money loaned at interest this in turn helped foster the development of capitalism in Europe?

thomas aquinas


Which revolution led to the concept of banking the creation of guilds and the development of capitalism in Europe?

It was NOT the Industrial Revolution, it was the Commercial Revolution.