Interpretation of revolutionary versus evolutionary

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Analysis this statement Ultimately, the debate hinges on the interpretation of "revolutionary" versus "evolutionary." While the period witnessed profound economic transformations that laid the groundwork for modern capitalism, these changes were often built upon existing structures, indicating a blend of revolutionary and evolutionary processes. The reality likely lies somewhere in between, with the "market revolution" representing both a dramatic departure from the past and a gradual unfolding of economic modernization.

Reference no: EM133676836

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