Capitalism emerged as an economic force in Great Britain.
When we talk about industrial capitalism, we can easily point out Great Britain. We had different economic systems that precede capitalism, such as feudalism and mercantilism. But the system that really developed the idea of private property and the means of production are owned by individuals and businesses instead of a state or an aristocracy. Great Britain gave birth to the industrial revolution, with the revolution in science, technology, machinery and a lot of other aspects. For the first time, ordinary people could become wealthy and the standard of living increased as a whole, giving people the opportunity of achieving goods never ever imagined before.
