How did the political division of Europe most encourage the emergence of the modern world economy?
A) led to competition between European states beyond European shores
B) led to government regulation
C) made trade subject to government regulation
D) harnessed geopolitical competition between states to the economic interests of merchant capitalists

Question

Quizplus · Accepted Answer

The political division of Europe during the period leading up to the emergence of the modern world economy (16th-18th centuries) created geopolitical competition between states, which merchant capitalists harnessed to their economic interests. This competition encouraged the expansion of trade and colonization beyond European shores, creating new markets and resources for European economies. It also spurred innovation and investment in technologies such as shipping, navigation, and finance. This ultimately led to the development of a global economy and laid the groundwork for the domination of European powers in the 19th and early 20th centuries.

How Did the Political Division of Europe Most Encourage the Emergence