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Question
question 10 of 10
which development contributed to the eventual rise of capitalism in europe?
a. the increase in government regulation during the early industrial revolution
b. the shift from mercantilism to an agricultural economy during the early middle ages
c. the expansion of the consumer market during the commercial revolution
d. the decrease in resources coming from colonies during the age of exploration
The Commercial Revolution led to an expansion of the consumer market. This growth in demand spurred investment, production, and trade - key elements for the rise of capitalism. Government regulation in the early Industrial Revolution often restricted business freedom (A is wrong). The shift from mercantilism was towards a more market - based economy, not an agricultural one (B is wrong). A decrease in colonial resources would have hindered economic growth and the development of capitalism (D is wrong).
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C. The expansion of the consumer market during the Commercial Revolution