Question

Which of the following medieval developments laid the foundation for a modern capitalist economy in Europe? (I. The rise of the guilds; II. The rise of a money system; III. The increase in job specialization; IV. The expansion of trade)

I and II only
I, II and IV
II and IV only
I, II, III and IV

Answer 1

the best answer is b

Answer 2

I, II, and IV. Guilds were pretty much were a bunch of people of the same job got together and made their stuff better. the invention of money gave people a more accessible form of fund and the expansion of trade allowed travelers to go anywhere to buy what they need