Which statement best summarizes both the rise of capitalism and growing criticism of the system during the 19th century?
A. Capitalism became popular as a result of European imperialism, but it fell from favor following the Industrial Revolution.
B. Capitalism was favored by countries that relied on farming, but it lost support once commerce became more sophisticated.
C. Capitalism developed as an alternative to inefficient mercantilist policies, but it drew criticism for increasing the gap between rich and poor.
D. Capitalism was preferred by highly autocratic governments, but it became less popular as the number of democracies increased.

Respuesta :

The correct answer is C) Capitalism developed as an alternative to inefficient mercantilist policies, but it drew criticism for increasing the gap between the rich and poor.

Mercantilism and capitalism are two very different economic systems. Mercantilism is a system which relies on one country developing a favorable balance of trade and obtaining valuable resources from a colony. This was the system used when America was still controlled by Great Britain.

As America gained independence, they focused on developing a more capitalist society. This society is based on individual freedom, as citizens can decide what they buy. Along with this, American businesses and citizens are not forced to trade with one specific country.