CAPITALIS

M
Emerged as a modern world economic system in
the 1400s with European colonial expansion. The
Portuguese, Spanish, Dutch, English, and other
nations invaded foreign territories and seized their
land. They turned the land into a commodity to
exploit and generate wealth.
 c e n tu r y w it h t h e
ate d i n t h e 1 6 t h
ri g i n
Capitalism o t h a t b e g an to c o n n e c t
f t r a d e ro u t e s
emergence o e b o u rg e o i s s o c i a l c l a ss
s o f E u r o p e . T h
differen t reg i o n ss .
i st o f t h i s p ro c e
o t a g o n
was the pr
Capitalism has had three historical
stages of development:
commercial, industrial and
financial, which reflect the process
and development of this economic
system.
 STAGES OF
CAPITALISM
XVIII Century

XV-XVIII
Second Stage
Century
Industrial capitalism or industrialism
First stage emerged with the Industrial Revolution in
Commercial capitalism or mercantile
the 18th century, in England, from the
capitalism occurred during the 15th and
transformation of the production system.
18th centuries, when Europe was going
through the transition from feudalism to
capitalism.
 STAGES OF
CAPITALISM
XX Century

Third stage
Financial capitalism emerged in the 20th century when bankers and
investors acquired great importance and influence in making
economic, political and social decisions at a global level.
Advantages and
disadvantages of
capitalism
Advantages Disadvantag
The means of production, to es
• Promotes equal opportunities for all
a large
people to improve their income. extent, cause environmental problems,
high percentages of pollution and
• It makes investment in excessive use of natural resources.
various projects possible.
 ACTIVITY
Write a comparative table
about colonialism and
capitalism.

Answer the 4 questions

 Antes de 1810
De 1810 a 1945
De 1945 a 1990
Después de 1990