Yes I agree that capitalism performs the greatest good for the greatest number of people in terms of individual self-fulfillment and the general material progress of society.
What are the differences between capitalism and democracy
- Capitalism is the policy that has to do with the economic system that is in a place while democracy helps to tell us the system of government that is in that area.
- Here the resources are owned by the people in capitalism, while in democracy it is about the people having the freedom to pick their representatives.
What are the similarities between capitalism and democracy
- They both have to do with the concept of freedom. That is capitalism allows the individuals freedom to own resources and act based on their own interest, while democracy gives people the right to exist on their own terms in the nation.
The reason why corporations would support government intervention
- The intervention of the government would help to prevent the cases of monopoly.
- It would help to ensure safe practices for businesses to thrive and for the environment.
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complete question
Proponents of free enterprise think that capitalism performs the greatest good for the greatest number of people in terms of individual self-fulfillment and the general material progress of society. Do you agree? Democracy and capitalism are often treated as being the same. Are they really equal types of systems? Explain the differences and similarities between them. Why would corporations, who believe in free enterprise, support a government policy of intervention?
