Which statement best describes how the fall of the Western Roman Empire led to the development of capitalism?(1 point) Responses It allowed for the innovation of backing paper money with silver to ensure its value. It allowed for the innovation of backing paper money with silver to ensure its value. 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 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.

Answer 1

The statement that best 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 reflects the shifts in economic practices and structures that emerged in the post-Roman world, contributing to the eventual rise of capitalism.