Capitalism
The philosophy of Capitalism was created by Adam Smith
Why is Capitalism the best?
Because it is based off of private ownership.
It became popular because many towns adopted it.
What advantages did capitalism have over communism and socialism?
It was based on private ownership and capital input.
Where can we find examples of Capitalism?
We can find some Capitalism here in the United States today. Capitalism is still followed in the United States in the economic portion.