How does the investment in human and physical capital impact the standard of living

classical republicanism, also known as civic humanism, is a form of republicanism  developed in the renaissance inspired by the governmental forms and writings of  classical  antiquity, especially such  classical  writers as aristotle, polybius, and cicero.

explanation:

with the profits from the european sales, merchants purchased europe's manufactured  goods, including tools and weapons. then the merchants shipped those manufactured  goods, along with the  american  sugar and rum, to west africa where they were bartered for  slaves.