Merchant Capitialism and the Emergence of Europe
DOI:
https://doi.org/10.33178/Keywords:
europe, politics, social class, economyAbstract
By the end of the fifteenth century, Europe had become increasingly powerful and influential in social, economic and political terms. From being a backward, agrarian continent, Europe became a modern centre of power and influence, whose civilisation began to exert enormous influence on the development of the United States, Canada, Latin America, Australia and New Zealand. The origins of this new-found power can be traced back to the decline of Feudalism and the rise of Merchant Capitalism.
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