Sugar and cotton helped fuel the development of a capitalist world economy.

Question

Quizplus · Accepted Answer

Sugar and cotton were two of the main crops produced through the system of plantation agriculture and slave labor in the Americas during the colonial period. These crops were in high demand in Europe and provided the economic basis for the early development of capitalism through the trade and exchange of goods and services. The profits from these crops helped establish the foundations of the capitalist world economy.

Sugar and Cotton Helped Fuel the Development of a Capitalist