A feudal society
why did it become so popular
Adam Smith was the founder of Capitalism. Some reasons why capitalism became so popular are Property rights and wage labor.
Why is Capatilism the best economic philosophy
The production of goods and services is not based through central planning, but by the supply and demand in the general market.
Economy has more drive as there are more rewards for working hard
Large populations are likely to be diverse, which is beneficial to healthy capitalism systems.
Where is ex of capitalism happening today and, how is the philosopy still being followed
Germany is a capitalist country. They are the number one capitalist country in the world.
The philosophy is being put in its institutions such as banking and education.