Question

Explain why the capitalist system developed in Europe. Answer in 2-3-4 sentences as a 7-8th grader.

Answer 1

The capitalist system developed in Europe for several reasons. First, many countries were starting to trade more with each other, making it easier for people to buy and sell goods. Second, the rise of cities and a growing middle class created more opportunities for entrepreneurs to start their own businesses. Lastly, Europe experienced changes like the Renaissance and the Age of Exploration, which encouraged innovation and competition, helping capitalism to thrive.