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

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 response highlights the connection between the decline of the Roman Empire and the emergence of more sophisticated financial mechanisms that facilitated trade and investment, which are key components of capitalism.