<span>Mercantilism was the concept that "all exploration and findings need to be routed back to the mother country for production and resale," and that "he who has the most controls the most." Monarchs at the time passed laws that required colonials to purchase their goods from companies chartered by the crown as a way of securing the profits.</span>
So he can bring the country out of depression.
A major difference between socialism and capitalism resides in how likely meritocracy is to flourish .
Socialism, in its rightest essence, would ensure that every individual within society enjoyed the same opportunities at the core (quality health, food, education). Naturally, some of these subjects would thrive more than others and therefore be promoted by society to hold higher levels of responsability and reward.
However, the lesser gifted would never be at a disadvantage. They could still count on standard quality support by the same society and equal opportunity for their offspring to pursue their own ambitions.
On the contrary, capitalism creates a societal gap by supporting inherited advantage. In summary, a capitalist society provides better core opportunities for a group of citizens and their offspring regardless of their innate ambitions. The disadvataged group and their offspring then receive a less than standard core support which predisposes them for hardship in the pursue of societal reward.
African americans endured dangers of lynching and murder, Congress had sent government troops into the area to endeavor to uphold the Reconstructions laws and alleviate these dangers.
