Question

discuss the factors that led to the capitalist economic development in europe

Answer 1

The factors which lead to the capitalistic economic development in Europe were :

1.  Decline of feudalism and end of feudal social order.

1.  Agricultural revolution which lead to increase in trade and commerce.

2.  Commercial Revolution which created a class of merchants and accumulation of wealth in them.

3.  The primitive accumulation of wealth made people to invest.

4.  Industrial Revolution was another factor.

5.  Establishment of new towns was another factor.

6.  Formation of nation-states and adoption of free trade policy.

7.  Reform Movements which attacked the anti-capitalist policy of Catholic Church was another factor.

8.  Black Death and peasant struggle was another factor which lead to the capitalistic development in Europe.