Question

How capitalism and trade develop during Renaissance in europe?

Answer 1

The history of capitalism has diverse and much debated roots, but fully-fledged capitalism is generally thought to have emerged in north-west Europe (usually specifically England) in the sixteenth to seventeenth centuries. Over the following centuries, capital has been accumulated by a variety of different methods, in a variety of scales, and associated with a great deal of variation in the concentration of economic power and wealth, and capitalism has gradually become the dominant economic system throughout the world.[1] Much of the history of the past five hundred years is, therefore, concerned with the development of capitalism in its various forms.