Which statement best explains the development of free enterprise capitalism?(1 point)

Responses

Capitalism was only developed because of the Industrial Revolution.
Capitalism was only developed because of the Industrial Revolution.

Capitalism was rejected by Enlightenment thinkers, slowing its development.
Capitalism was rejected by Enlightenment thinkers, slowing its development.

Capitalism developed quickly because of the Renaissance.
Capitalism developed quickly because of the Renaissance.

Capitalism developed over time in response to changes in European society.

1 answer

The statement that best explains the development of free enterprise capitalism is:

Capitalism developed over time in response to changes in European society.

This statement acknowledges that the growth of capitalism was a gradual process influenced by various social, economic, and political changes in Europe, rather than being solely tied to any single event or movement.