224k views
1 vote
I'll give 100 points to whoever best answers this question. If possible answer this as soon as possible as I need this answered by this Friday.

Question: Explain how gold and silver discoverires in the New World led to the beginnings of capitalism in Europe?

User Lewix
by
3.9k points

2 Answers

8 votes
The discoveries of good and silver in the New World led Europeans to create trade Companies that would fund expeditions to set up mines in the new world. This kind of enterprising is the basic form of capitalism.
User Naeemah
by
4.3k points
13 votes

Answer:

Are you asking this as a question for homework??

User Jim Soho
by
4.6k points