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Socialism

Part one of term 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 the cause of many social problems. Long work ...

Part two of term paper
... are often associated together. Socialism is a stage of government usually leading up to communism. Government must first control businesses if it is to be considered a communist nation. Democratic socialists believe some government control is necessary to force people to become good citizens, but too much 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 ...

Word count: 565 | Approximate pages: 3

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