Key basic industries, such as railroads, textiles, and steel had barely made a profit. Railroads lost business to new forms of transportation (trucks, buses, and private automobiles, for instance). Coal mining was especially hard-hit, in part due to stiff competition from new forms of energy, including hydroelectric power, fuel oil, and natural gas.
The needs of the few out weight the needs of the many but this can be
problematic because the "many" don't have necessary intelligence over
diplomatic strategies, economics, politics, military etc and the
majority can cause problems to a society in case they become "greedy" or
dependent on the system. In fact, it is more likely that democracy is
an idea in the sense that people think it's real when in reality there
are a board of leaders in place making the decisions. It is also know
that they aren't meant to last.
you should get both sides, that's what it means to be educated so why does your school ask you to get only one side...it
doesn't necessarily ensure the well-being in society, it isn't "all
good" or even existent in most cases only believed to be in place.
The Space Race Begins. It is 1957 and the U.S. and the Soviet Union are locked into the Cold War. The Soviet Union has just launched the world's first satellite, Sputnik. Fearful of Soviet military control of space, the Americans quickly ready a rocket.