Why are most world economies moving to a market system?
Answer:
Largely because other options failed or they don't have a choice. Nations that need loans from places like the IMF or the World Bank are often forced to adopt a variation of capitalism in order to get the loans. Moreover the United States strongly encourages it. The bottom line is that in order for a nation to prosper it first needs to establish a managable rule of law so that people have a property interest in taking part in economic activities.
it is most practical
Duuuhhh. Where else should they move to? North Korea or Cuba, which one do you prefer?
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