Select two questions from the list below and provide a detailed answer to each question in your initial post. Be sure to indicate the number of the questions you selected in front of your answers. In...

Select two questions from the list below and provide a detailed answer to each question in your initial post. Be sure to indicate the number of the questions you selected in front of your answers. In addition, respond to two peers' initial posts who answered different questions than the ones you selected.

These are “think” questions; you will not find a single, simple (or perfect) answer to them in the book. They are designed for you to use what you read in Chapter 1 to think through the issues. Personal feelings and opinions will often come into play but be sure that your answer is grounded in our scholarly study of the subject and that your answer demonstrates that you have read and understood the chapter.

1. 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? Why or why not?


2. What are a socialist’s and a capitalist’s notion of human nature?


3. If the U.S. is a nation where only a small number of people fully benefit from its system, why are its people not making changes that reflect democratic ideals?


4. Why would it be a mistake, as the textbook notes, to equate wealth with power?


5. Democracy and capitalism are often treated as being the same. Are they really equal types of systems? Explain their differences and similarities.


6. Why would corporations, who believe in free enterprise, support a government policy of intervention?

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