The Evolution of Capitalism
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Questions and Answers

When did capitalism in its modern form emerge?

  • 17th century USA
  • 15th century Europe
  • 16th century England (correct)
  • 18th century France

    • Which economic system is based on the private ownership of means of production?

  • Capitalism (correct)
  • Communism
  • Socialism
  • Feudalism

    • When did the Industrial Revolution break out in England?

  • Early 19th century
  • Mid-19th century
  • Late 18th century
  • Mid-18th century (correct)

    • What characterized the dominant mode of production established by the Industrial Revolution?

    <p>Factory work and complex division of labor</p> Signup and view all the answers

    When did the Industrial Revolution lead to the economic transformation of Western Europe and USA?

    <p>19th century</p> Signup and view all the answers

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