During the 1930\'s American citizens witnessed a
breakdown of the Democratic and free enterprise
way of life. The government saw that the
free enterprise system was failing. The New Deal
increased the government\'s regulation and intervention
and the economic system, thus temporarily
abandoning the capitalism system and turning toward
socialism to find the answer. The answer...
the New Deal.
Socialism is usually thought of as a form
of government that advocates public ownership
and public control of wealth (Britannica Jr.
Encyclopedia 1980, p.231). In other words,
a socialistic government wants the wealth of
the nation spread out in such a way that the
money is equally distributed among the country\'s
citizens. Socialism is in favor
of tearing down the class structure and forming
a classless society. In this way, it was born out
of Marxism, whose founder was Karl Marx.
Leaders of the Communist......
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Approximate Word Count: 769
Approximate Pages: 3 (260 words per double-spaced page) |