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WAEC Government 2007 Question 9

Question 9

Political Ideologies

The two major factors that contributed to the development of capitalism were

  1. A.emergence of the Protest Reformation and paper money
  2. B.the emergence of Adolf Hitler and the First World War
  3. C.the theory of individual Rights and the Industrial Revolution in Britain
  4. D.the First World War and the Atlantic Charter of 1941.
Show the answer and explanation

Answer: C (the theory of individual Rights and the Industrial Revolution in Britain)

Explanation

Liberal ideas of individual rights and property, together with the Industrial Revolution, gave rise to modern capitalism.