Capitalist Democracy Flashcards
1
Q
What is a capitalist democracy
A
A capitalist democracy is a free market economy subject to control by a democratic political system that is supported by the majority
2
Q
Characteristics of capitalist Democracy
A
Production and distribution are privately owned
Government does not make laws that will limit free trade
Profits will go into the hands of individuals
Capital is the major means of production
Free competition in trade
3
Q
Importance of Employment in poverty alleviation
A
No electoral violence No hunger Good education Provision of good health services Basic needs will be met
4
Q
Factors the Guarantee employment
A
Free education Free medical care Responsible Government Self-employment Popular participation
