In Western Europe, the decline of the Western Roman empire led to the rise of modern capitalism.Question 19Answera.Falseb.True
Question
In Western Europe, the decline of the Western Roman empire led to the rise of modern capitalism.Question 19Answera.Falseb.True
Solution
The statement "In Western Europe, the decline of the Western Roman Empire led to the rise of modern capitalism" is false.
Here's why:
The decline of the Western Roman Empire in the 5th century led to a period known as the Middle Ages or Medieval period, characterized by feudalism, not capitalism. Feudalism was a hierarchical system where land was granted in exchange for service or labor.
Modern capitalism, characterized by private ownership of production and a market economy, did not emerge until much later, around the 16th century during the Renaissance and the Age of Discovery. This was a time of significant economic change, with the growth of trade and exploration, the development of banking and finance, and the beginnings of industrial production.
So, the correct answer is a. False.
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