Part 1 of Essay
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 turni ....

Part 2 of Essay
.... as a major step towards "building communism". However most socialist political parties in democratic countries of the West rejected the Communist idea of socialism. Socialists prefer the government ownership of industries that are vital to a country's welfare. These include the coal, oil, iron, and steel industries. The basic idea favored by all Socialists is the public ownership and use of property in order to extend the benefits of wealth more equally. Many economic, political, and social f ....