Economics For English Class
MORTSDOR'S ENGLISH PAPER ON ECONOMICS
The largest killer in the modern era has been economics. People live and die fighting in support of their economic system. People live or die due to the merit of their system. All economical views can be set in one of three categories: the far left, the far right, and somewhere in the middle. The latter being the only sane view among the three.
The far left of the economical spectrum is defined by government control of the economy. Two such modern systems can be put in this category: Communism, and Socialism. Communism is when the state has full economic control, everyone works for the state, everything is owned by the state, and the state distributes goods. Socialism is when the state controls the manufacturing processes of an economy, and everyone works for and is supported by the state. In Socialism however, individuals can own property. The far left is often popular in poor nations, or in those nations dealing with a failing......
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Approximate Word Count: 798
Approximate Pages: 4 (250 words per double-spaced page)
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