Protecting citizens against foreign and domestic terror and threats
During the Age of Absolutism, several European monarchs intensified the power of their authority by emphasizing their divine right to rule and A) centralizing their power.
European monarchs clearly undrstood how powerful can get the local regional rulers. Considering the fact that they had armies and could always plot against the crown, monarchs had to do everything to prevent this from happening and establish all sources of power in the capital.
Capitalism: is an economic system in which the factors of production are privately owned and money is invested in business ventures to make a profit.
(Basically Capitalism referred to people who believed that the government should not interfere with businesses)
Socialism: the factors of production are owned by the public and operate for the welfare of all.
The main difference between the two was that in capitalism, business owners wanted to run everything themselves. They didn't want help from the government at all. Socialism was when the people wanted "some government" involved within the businesses. In summary, the main difference is the amount of government that was allowed to take over in a business.
