The human activity most widely viewed as changing the planet is the burning of fossil fuels. ... to melt, threatening water supplies for hundreds of millions of people. ... and phosphorus to the biosphere than would occur naturally. ... compounds that can remain active in the environment for thousands of years .
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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.
