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Capitalism Began In The 13th Century

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Capitalism is a form of government that started in the 13th century that has since evolved. It includes the idea of using pre-existing money to create more money. For example, loaning money with an interest or betting. Capitalism is used all around the world and has come a long way from what it started with 300 years ago. Capitalism started from merchants buying something from one place and selling it for more money at another location. Merchants would sell items at a higher price than it was bought at. The merchants would then earn more money and would have to sell less that day. Countries would base their wealth on how well they traded with other countries. For example, America can only trade with France and England. It happened because

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