Final answer:
Max Weber argued that the Protestant work ethic led to the development of capitalism, as the values and beliefs associated with Protestantism encouraged individuals to accumulate wealth and reinvest it in economic ventures.
Step-by-step explanation:
Weber argued that the Protestant work ethic led to the development of capitalism. Max Weber, a sociologist, proposed that the values and beliefs associated with Protestantism, such as hard work, frugality, and discipline, fostered a mindset that encouraged capitalism to flourish. According to Weber, these values motivated individuals to accumulate wealth and reinvest it in economic ventures, ultimately propelling the growth of capitalism.
Learn more about The influence of the Protestant work ethic on the development of capitalism