Socialism
Beginning of paper
is a type of economic system, a political movement, and a
social theory. is based on the idea that governments should own and
control a nation's resources rather than individuals.
was first used to describe opposition to the free enterprise
and market economies. The Industrial Revolution was t ....
Middle of paper
.... can lead to not enough freedoms.
Socialism is seen as an efficient form of government. Capitalism, on
the other hand, leads to unemployment, poverty, business cycles, and conflict
between owners. Through socialism a nations wealth can be distributed more
equally. Socialism is therefore based on cooperation rather than competition.
Socialist believe that by creating an economic plan, farmers, manufacturers,
workers, and government officials can properly adjust the production of goods to
....
------------------
Word count: 565
Page count: 3 (approximately 250 words per page)
