the factors which helped in the introduction of capitalist economy in europe
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1) industrialisation
2) urbanization
3) they were tying to compete with Indian textiles ,like cotton and silk . it helped them to sell more goods
4) they purchase textiles and spices from India at cheap rate and sell them at high prices in different countries .
hope it is helpful .....
2) urbanization
3) they were tying to compete with Indian textiles ,like cotton and silk . it helped them to sell more goods
4) they purchase textiles and spices from India at cheap rate and sell them at high prices in different countries .
hope it is helpful .....
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