Borrowing money to buy goods for resale, paying it back with interest, a global phenomenon by 1200 CE, setting the stage for capitalism's development. rephrase like a 8th grader
By the year 1200, people all around the world started a practice of borrowing money to buy things for selling them later. They would then pay back the money, along with some extra amount called interest. This practice became common everywhere, which eventually helped in the growth of capitalism.
