Question

Question

Question

Which statement best describes how the fall of the Western Roman Empire led to the development of capitalism?(1 point)
Responses

It allowed for advances in banking that made trade much easier, increasing investment.
It allowed for advances in banking that made trade much easier, increasing investment.

It allowed for banks to decide to manage their money more wisely after witnessing the overspending of the Western Roman Empire.
It allowed for banks to decide to manage their money more wisely after witnessing the overspending of the Western Roman Empire.

It allowed for the Roman double-entry banking to be later introduced to Florence, which helped capitalism to grow in Europe.
It allowed for the Roman double-entry banking to be later introduced to Florence, which helped capitalism to grow in Europe.

It allowed for the innovation of backing paper money with silver to ensure its value.

Answer 1

Bot GPT 4-o mini answered
2 hours ago

The best statement that describes how the fall of the Western Roman Empire led to the development of capitalism is:

It allowed for advances in banking that made trade much easier, increasing investment.

This statement captures the essential connection between the decline of the centralized Roman economy, the rise of trade and commerce in the subsequent medieval period, and the eventual development of banking practices that facilitated investment and the growth of a capitalist economy.