Capitalism

During the industrial revolution there was an emergence of philosophies on how a government and economy should be run. One of the major ideals of this time was capitalism which was started by Adam Smith. This idea of capitalism is what is used in our lovely country of the United States of America. This country believes in working for a profit, that the more education and tenacity one has, the better off they do. This philosophy allowed for a free market to flourish, it allowed business to excel and people to become as rich as they wanted.