Capitalism+&+Democracy

=Capitalism & Democracy= //1. What is capitalism?// -an economic and political system where there is a private ownership on country's trade and industry -complete seperation of economy and state -based upon individual rights where you are allowed to do whatever you please as long as you're not violating someone elses rights

//2. What form of capitalism does the United States practice? What are the details of this form of capitalism?// -mixed economy system is the form of capitalism practiced in the US -form of capitalism that lies between socialism and capitalism -economic system in which both private enterprise and a part of where states have control of certain services (usually in public services, defense, and basic industries) exist. -when you have some aspects of every single economy; traditional, command, and market economies; put together in one economy

//3. Why does the U.S. practice capitalism - why is it the system that the founders of the United States established?// -U.S. practices capitalism because they think if everyone works independently at their best self interests, the economy will naturally thrive -"The spirit of enterprise, useful and prolific as it is, must necessarily be contracted or expanded in proportion to the simplicity or variety of the occupations and productions, which are to be found in a Society." -Hamilton So what Hamilton meant by this is they needed to establish this system because the spirit of undertaking an affair was helpful to the country and it was important to divide this effort within society. Everyone would do whatever they'd want, but had to give part in helping the country.

//4. What are the positives and negatives of having this economic system?// Positives: -many freedoms -decided what you want to sell or buy -set your own prices -pay taxes, but recieve benefits from those taxes through government services Negatives: -need to find own markets for products -not in control of how much taxes they pay

//5. What is democracy?// -a form of government where all citizens have an say in the decisions that affect their daily lives -where you have freedom to do whatever you want as long it's not taking away or hurting anyone elses rights

//6. What form of democracy does the United States practice? What are the details of this form of democracy?// -representative democracy is the form of democracy the US practices -we elect officials to pass and deliberate on legislation on our behalf -we elect representatives whose ideas are closest to our views on political matters and they are supposed to use their views along with the views of the citizens to make laws.

//7. Why does the U.S. practice democracy - why is it the system that the founders established?// //-//The U.S. practices democracy because of the many benefits it provides. -It protects the inalienable rights of people and it's able to take good care of its citizens. -Since the citizens are able to make changes to help themselves in their daily lives, it just makes everything even more better for them to live comfotably without any complaints. They are able to make their own lives in the U.S. instead of having one handed to them to live in a certain way by the rules and to deal with things they don't agree to in the country.

//8. What are positives and negatives of having this system?// Positives: -people can vote -people can speak up about a law or decision -every person has as much power as every other -not one ruler creating all the rules -choose who they want to have as a leader -having religious freedom and inalienable right Negatives: -hard to get things done because people have to agree -need to please everyone -uneducated citizens might not know everything about a certain issue and vote -bias voting

//9. Please watch Michael Moore's 2009 documentary "Capitalism: A Love Story" and summarize 4 or 5 of his main points. Also, please critique his arguments - what does he leave out, what problems do you find with his approach, etc. Make sure you relate the film to your eariler research on capitalism and democracy. So please do these steps in order, so this film should be viewed after you've done the work for #1-8)//

//10. What is the relationship between capitalism and democracy? How do they work together, how do their principles coincide and how do they oppose each other?//