Question

What indirectly led to the development of the capitalist economic system in Europe?

(1 point)
Responses

inflation

inflation

price fixing

price fixing

government intervention in the economy

government intervention in the economy

falling profits for business owners

Answer 1

[AI-generated answer — Bot GPT 3.5]

The growth of trade and commerce, colonialism, technological advancements, the rise of the middle class, and the decline of feudalism all indirectly led to the development of the capitalist economic system in Europe.