Part 1 of Essay
During the late 1800's, two great revolutions occurred, the American Revolution and the French Revolution. These two historical events happened at the same time, but had a great number differences and very little similarity. When French Revolution occurred, it turned into a very violent and bloody event, while the Ameri ....

Part 2 of Essay
.... in France in the 1760s and whose classic The Wealth of Nations embodied the Physiocratic attack on mercantilism and argued that nations get rich by practicing free trade.2 Of Smith, Turgot, and the Physiocrats, the great French statesman and author Frederic Bastiat (1801-1850) wrote: "The basis of their whole economic system may be truly said to lie in the principle of self-interest. . . . The only function of government according to this doctrine is to protect life, liberty, and property."10 Embracing the princ ....