Present the factor, present evidence supporting this factor, present any quotes that support the view,
There were both positive and negative factors that resulted in the growth of capitalism in Western Europe,
1. Europe always had a high count of resources both in terms of working population and materials. This can be seen in Europe’s rapid advancement. No quotes. 2. Negative factor: After the discovery of the New World (the Americas) many nations moved to capitalize on the new land, Spain gained large amounts of silver (which was more negative due to its inflationary effects and forcing reliance on a single …show more content…
Between the fifteenth and eighteenth centuries, Western Europe, a place once only known for its religion (Christianity), managed to become the centre of the world. Europe was hardly the most developed area technologically, this was China, but somehow this small corner of the Eurasian peninsula had such strikes of fortune that by the X Century, the British were able to fight the Opium Wars with China almost without exerting themselves. In world terms, capitalism is a recent invention. While the Earth is many billions of years old, capitalism and its origins can be traced to Western Europe between the fifteenth and eighteenth centuries. During these centuries, there were a combination of factors, some which may be considered negative and some that may be considered positive, that led to the creation of the system that we now know as capitalism. When talking about negative factors, the word ‘negative’ refers only to the morality of the act, not whether it was good or bad for the development of the capitalistic system. This also applies to the word