Socialism_And_Capitalism_In_The_Early_20th_Century

Socialism And Capitalism In The Early 20th Century Ever since humanity began, people of all backgrounds have had to deal with how economic wealth should be shared. America could be used an example of this, even more specific, the era of 1870 to 1920. At this time in American history, mass production evolved, and people flocked to large cities such as New York and Chicago. The concept of worker unions began to be demonstrated, and certain people gained a considerable amount of wealth from the manipulation of others. This period of American history is a good example of how the selfishness of one person could lead thousands of lives to be wasted and forgotten. In this essay, you will learn of how the economic shape of America at that time teaches us of how to run the Unites States even today. Capitalism and socialism are both types of systems in different societies throughout the world that have been successful at times, but also not so fortunate in its’ success at other times in history. Both have their good and bad points, although the main focus I am presenting will acknowledge socialism in better terms than the capitalist economy. This is to judge which system would have been the socialism, people, government, oil, rights, one, company, carnegie, workers, society, factory, capitalism, barons, steel, labor, force, economy, been, american, work, system, robber, person, own, out, money, about, worker, way, time, thousands, start, railroad, protect, production, produce