... 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 under economic stress and political mayhem. Thus, personally I feel that a capitalistic society is a far better place to nurture, grow and ... ...

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