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The system began in Europe due to a combination of historical, economic, and social factors. The region experienced the rise of trade and urbanization during the Middle Ages, leading to the development of complex social structures and institutions. Additionally, the Enlightenment fostered ideas about governance, individual rights, and rational thought, which contributed to the establishment of political and economic systems that prioritized these values. Furthermore, Europe’s colonial expansion and access to resources facilitated the growth of these systems.

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