kuroko1
contestada

What complex array of factors facilitated the growth of the western capitalist, industrialized economies in the 19th century?

Respuesta :

MissPhiladelphia
First, the western countries developed agricultural reproduction to supply the needed raw materials for self-consumption.  Because of the slave trade, they used these people in agricultural to maximize production. It gave way to produce much more of the raw materials that caused surplus production. As a result, they have to export the products outside the market, other countries. 
Commerce was the main reason to develop roads and other forms of transportation. The development of trade produced enough capital to get more raw materials outside of the country.  Later on, was used to build industries and mechanize production.  

Martebi

The factors that aid the growth of the western capitalist, are the use of agricultural reproduction to aid/ supply raw materials for self-consumption.  

  • The use of slave in their economy for different purpose.
  • The building of industries and mechanize production.  

What is  capitalist?

The word capitalism, is also known as free market economy or free enterprise economy. It is regarded as a kind of economic system, in the Western world after the breakup of feudalism.

Here, the means of production are known to be privately owned and production is lead and income distributed majorly via the operation of markets.

Learn more about western capitalist from

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