UpAndComing
Veteran
Capitalism?
How did capitalism help them “steal the world”
And what were everyone else practicing and why would them practices be worst than capitalism
- Double Entry Bookkeeping. Popularized in the 1400s
- Mercantilism in the 1400s-1600s. Which was the early stage Capitalism. It emphasized increasing Exports, and promoted Imperialism
- Creation of Corporations, early 1600s
- The Dutch East India Company in the early 1600s, a Corporation, started creating monopolies on trade
- Used Colonialism as Satellite nations that supported the home country to create wealth for them. (Ex. Britain to the United States, France to Haiti and Louisiana, etc)
Other countries were practicing Feudalism and Monarchies