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

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

Capitalism was rejected by Enlightenment thinkers, slowing its development.

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 option acknowledges the gradual evolution of capitalism influenced by various social, economic, and political changes throughout European history, rather than attributing its development to a single event like the Industrial Revolution, or rejecting it based on Enlightenment thinkers.