Capitalism timeline

By Historygeek4070
  • 1400

    First form of capitalism is created

    During Feudalism in the 14th century, the lower class through the system of classes was unfair. During this time the serfs and lower class started to fight for their rights as well as fight for their property. After winning this fight the merchants and serfs first made capitalism by enforcing their own decisions.

  • Adam smith is born

    Adam smith was born in the UK

  • Adam Smith writes his book on capitalsim

    Adam Smith published his first book on capitalism called "The wealth of nations."

  • First country to adapt capitalism

    In the 18th century after Adam Smith promoting the idea of capitalism the U.S the U.S adapted the idea.