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26 April, 08:04

Why did the U. S. government support capitalism in the early 1800s?

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  1. 26 April, 09:24
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    Marx labeled this period the "pre-history of capitalism". In effect, feudalism began to lay some of the foundations necessary for the development of mercantilism, a precursor of capitalism. Feudalism was mostly confined to Europe and lasted from the medieval period through the sixteenth century.
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