1500s - 1700s: European states establish colonies to act as markets for manufactured goods.
1600: The British East India
Company is founded to finance
British colonial expeditions,
1763: James Watt develops an advanced
steam engine, fueling the Industrial Revolution.
1776: Adam Smith describes the basic ideas
behind capitalism in The Wealth of Nations.
1848: Karl Marx criticizes capitalism and promotes
communism in The Communist Manifesto.
Which theme does the timeline most reflect?
A. The transformation of social structures
B. Cultural developmerband exchange
C. Interactions between humans and the environment
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D. The creation and expansion of economic systems