Economic Systems

Question 0

Economic Systems

Part 2

Answer 0

“The capitalist or free market system allows people to choose what to do with their property as long as it is within the function of the rule of law. We cannot claim a right that allows us to violate someone else’s rights. A republic grounded in law, such as the American Republic, demonstrates this system.”

Question 1

Economic Systems

Part 1

Answer 1

“Governments that want to control their population use communism, socialism, fascism, and Nazism so they can tell the population what to do with their property (or what to do with the government’s property they are utilizing). These systems are hallmarks of totalitarian oligarchies which violate the natural rights of the people.”

Question 2

Economic Systems

Democracy

Answer 2

“A true Democracy only works on a small scale such as in a neighborhood where the issues are clear and very local. It is not reasonable to have every citizen vote on every issue”

Question 3

Economic Systems

Source

Answer 3

Oak Norton. “What is a Republic? Aren’t we a Democracy?” Utah’s Republic. 2009. web. 31 Jan. 2015.