do yo know about Capitalism?

Question

what was the motive/ inspiration for creating Capitalism? what made people create Capitalism?

Answer 1

Nobody "created" capitalism. Capitalism is what inevitably evolves when there is a combination of 1) personal freedom and 2) a complex economy with a monetary system.

Answer 2

Adam Smith created capitalism with his book "The Wealth of Nations" in the 1700's. Capitalism basically began at the begining of the industrial revolution in 1780's England.

Answer 3

Theories of capitalism first developed in the context of the Industrial Revolution and the Cold War and were meant to explain, justify or criticise the private ownership of capital; to explain the operation of capitalistic markets; and to guide the application or elimination of government regulation of property and markets.The concept of capitalism has limited analytic value, given the great variety of historical cases over which it is applied, varying in time, geography, politics and culture.The earliest stages of modern capitalism, arising in the period between the 16th and 18th centuries, are commonly described as merchant capitalism and mercantilism (Burnham; EB). This period was associated with geographic discoveries by merchant overseas traders, especially from England and the Low Countries; the European colonization of the Americas; and the rapid growth in overseas trade. The associated rise of a bourgeoisie class eclipsed the prior feudal system.

Answer 4

lol, Capitalism is a system of money. pure and simple. People created Capitalism because the barter and trade system was too tiring.

Answer 5

In a word "Greed"