How do you store your libs?

People usually throw their libraries on just 2 folders, 'include' and 'lib'. Isn't it easier to have a folder for each library or I'm missing something?
In Linux libraries are stored in:
"/usr/lib" "/usr/include"

Windows I do the same:
"C:\lib" "C:\include"

Easier to manage. Within lib and include you can have more folders, etc:
"C:\include\SDL"
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