Answer:
The first stage of capitalism came about during the 17th century, when merchants gradually became more involved in the production of goods by supplying materials and paying wages. The merchant made the transition to capitalism by making profits from the ownership and control of the means of production. Exploration and trade led to the growth of capitalism. This system is based on investing money for profit. Merchants gained great wealth by trading and selling goods from around the world. They then could use their profits to finance other voyages and to start trading companies.
Explanation:
