Jacob Nelson
Bio
17 | Journalist | Facts don’t care about your feelings
Stories (3/0)
Fall of the Soviet Union
The USSR, Union of Soviet Socialist Republics, was a socialist alliance that existed from 1922 to 1991. The union was a group of Soviet Republics where the economy and government were highly centralized. The country was governed by a one-party state, the Communist Party, with Moscow as its Capital. Their motto was “Workers of the world, unite.”
By Jacob Nelson5 years ago in The Swamp
Socialism v. Capitalism
Before I get started, I want to make sure everyone understands the definition of each system. The dictionary definition of socialism is a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. Capitalism is an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. In other words it means “free-market.” Socialism being closer to a system of government called “communism.”
By Jacob Nelson5 years ago in The Swamp