This paper examines the fundamental elements of the two different forms of Fascism taken up in Germany and Italy over the course of World Wars One and Two. The paper makes the argument that Fascism experienced a limited reign in both countries and was a phenomenon limited to the period revolving around the two World Wars. The complex origins of each "brand" of fascism, their disparate foundations, the philosophical / practical differences, and the elements of their mutual and simultaneous downfall are explored in detail. 10 pgs. Bibliography lists 5 sources.