Part one of term paper
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. increased the government's regulation and intervention and the economic system, thus temporarily abandoning the capitalism system and turning toward socialis ...

Part two of term paper
... 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 Party of the Soviet Union said that their country used socialism as a major step towards "building communism". However most socialist political parties in democratic countries of the West rejected the Communist idea of socialism. Sociali ...