The people has some rights in a democracy whereas with the ruling of a king the people have no rights.
It was the First Continental Congress that wrote a petition to King George declaring parliament couldn't pass laws on the colonists without representation by colonists, since the colonists wanted to avert war with Britain if at all possible.
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Answer
Yes, in general it is true that "Socialists wanted the government to take over the businesses that affected most citizens, like railroads, electric power, and telephones" since they tend to think that society functions better when the government is in charge of regulating corporations
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200 BCE to 500CE it was called the Golden Age
