Because 30 years ago server processes often (enough) used inetd or served a request with a forked process. A browser hitting a server with a bunch of connection

Because 30 years ago server processes often (enough) used inetd or served a request with a forked process. A browser hitting a server with a bunch of connections, especially over slow network links where the connection would be long lived, could swamp a server. Process launches were expensive and could use a lot of memory. While server capacity in every dimension has increased the low connection count for browsers has remained. But even today it's still a bit of a courtesy to not spam a server with a hundred simultaneous connections. If the server implicitly supports tons of connects with HTTP/2 support that's one thing but it's not polite to abuse HTTP/1.1 servers.