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

Responses

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

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

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 response recognizes that capitalism emerged gradually as a result of various social, economic, and political changes throughout European history, including the rise of trade, shifts in labor dynamics, and the influence of Enlightenment ideas, rather than as a sudden phenomenon tied solely to specific events like the Renaissance or Industrial Revolution.