which development contributed to the eventual rise of capitalism in europe

Two most important factors were the development of industry and industrialization, and the slave trade. People started accumulating large amounts of wealth due to these two and started investing them in businesses, both personal and by other people. This led to the development of capitalism not only in Europe, but other places too.

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jaquelinefvr jaquelinefvr · Answer 2 · 2022-07-15T12:26:16+02:00

The development that contributed to the rise of capitalism in Europe was the industrial revolution, with a focus on textile production.

How did industrialization motivate capitalism?

With the technological changes that took place in England in the 16th to the 18th centuries, society underwent several significant changes, with the development of machines for the formation of industries where work took place more quickly and productively, with profit being the focus of society in the period.

Therefore, capitalism emerged from the consolidation of industrialization, with the formation of large cities and large commercial exchanges to obtain wealth.

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