0
That is a good question. Considerable individual choice is one characteristic that both share. In a democratic society the citizen is encouraged to participate (or at least he should be encouraged) and Capitalism is free-ranging and multi-optional with opportunities you can create for yourself.
Democracy and Capitalism are not either/or. But they are not the same thing either. Opportunities in democracy and opportunities in Capitalism should be encouraged in both if both are to succeed.
Pansy Bednar
Wiki User
∙ 11y agoThat is a good question. Considerable individual choice is one characteristic that both share. In a democratic society the citizen is encouraged to participate (or at least he should be encouraged) and Capitalism is free-ranging and multi-optional with opportunities you can create for yourself.
Democracy and Capitalism are not either/or. But they are not the same thing either. Opportunities in democracy and opportunities in Capitalism should be encouraged in both if both are to succeed.
Add your answer:
Earn +20 pts
Is government ownership of most productive resources is a characteristic of capitalism?
It’s characteristic of state capitalism, but not of most forms of capitalism.
Is capitalism necessay for a successful democracy?
no, democracy would be more inclusive and representative under a socialist system More to the point, democracy is a political theory/system, while capitalism is an economic system/theory. They are not directly connected in any way to each other.
Is Democracy and capitalism are mutually reinforcing or exclusive?
They are independent of each other. A democracy votes on what laws and rules regulate the populations behavior. Capitalism allows people to do as they wish and reap the rewards of their risk and labor. You can have a Democracy that dies not allow freedom to generate wealth if that is voted in. China has a very Socialist system that has more Capitalism in it then the United States does today.
What characteristic of economic panics in the early 1800s?
the boom and bust cycle of capitalism
What is another name for capitalism?
democracy, competition, commercialism, free market, industrialism
Is government ownership of most productive resources is a characteristic of capitalism?
It’s characteristic of state capitalism, but not of most forms of capitalism.
Private ownership of business is a characteristic of?
capitalism
What were the Ideals of Democracity?
To connect democracy with capitalism.
What has the author Masanobu Ido written?
Masanobu Ido has written: 'Varieties of capitalism, types of democracy and globalization' -- subject(s): Globalization, Democracy, Capitalism
How is capitalism seen in a democracy?
There are a multiplicity of views in a democracy as concerns capitalism that range from the laissez-faire extremists and libertarians on the positive side to the communists and pietists on the negative side. Being in a democracy does not limit or direct a person to have one view of capitalism as opposed to another.
How is democracy capitalism different from communist capitalism?
There is no such thing as "communist capitalism" but if you mean the state capitalism of say China today and if by "democracy capitalism" you mean liberal democratic countries, the economic systems are essentially the same. China simply has a much more oppressive political system, from the point of view of the workers and peasants in China anyway.
Why is democracy important to buying product in the US?
Democracy has nothing to do with capitalism, which is the economic system in the US. It would be capitalism that would be important to buying products. While democracy does not hinder economic growth, it does not help it either.
How do capitalism and democracy go hand in hand?
They dont or have not at this time as there is stil no such thing as Capitalism. In a capitalistic society there is no need for represetative democracy as this only interferes with market forces.
What is a characteristic of a democracy?
you get to vote
What is the process by which a society decides how power and resources will be distributed?
This is democracy and capitalism. They are both the controlling factors in who gets elected and where all of the resources will go.
What is a primary characteristic of the Middle Ages?
The growth of modern capitalism.
What are the major rules of American politics?
Democracy, constitutionalism and capitalism.
