Political Science: Economy and socialism in governments

Jul 12th, 2016
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Economy and socialism in governments

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University nameNameCourseProfessors NameDate2Economy and socialism in governmentsAbstractThis paper is majorly based on the effects of socialism to the economy of any given country. It isimportant to study the paper because it creates an understanding about the importance of propersocialism to the economy and a way of a countrys governance. What needs to be determined isthe how the economy of any country is affected by the different aspects of socialism. Researchshows that a country with a good socialism set up brings in positive attributes to the countriesgrowth in the economy. With positive socialism, what are determined are the positive results tothe growth of the economy. However, in the world of today, economic crisis lies in all corners.Looking into the cause of the situation, one would understand that no good comes from hate andimproper conduct. Poor social life of a people is considered improper conduct since the results ofsuch a conduct ends in the country being in the state of dilemma. Not only the government is leftwith the task to curb negative socialism, but also it is the duty of every citizen of every givencountry to ensure that socialism is positively affected. However, what every government shouldtake into consideration is creating awareness about the importance of socialism. The awarenesswhen created makes the public understand better prospects of socialism.Keywords: socialism and economyIntroductionIn the contemporary world

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