... plans and controls the economy" We have had the opportunity to witness, observe and analyze the consequences of socialism since its fall in 1989 during this generation. We have had a first hand opportunity to realize the ongoing failures of nations like Russia. Russia implemented socialism in 1917. The experiment turned out to be a fiasco that failed miserably leaving the government reeling ... ...

• Word Count: 216
• Approx Pages: 1
• Grade Level: Undergraduate