FOUNDATIONS OF THE CAPITALIST SYSTEM 

Make sure to cite at least one outside source to support your answers. At least three sentences per question. Approximately 1 page in length worth Questions.

1) Do you see any evidence that the moral, ethical, and spiritual foundation of the American democratic capitalist system is eroding? How does that affect the ability of capitalist proponents to promote capitalism in other countries such as China and India?

2) Why is it so necessary to have a freely elected government for democratic capitalism to create a prosperous and fair economy?

3) Go through the three components of democratic capitalism and picture an economy without each one. What happens to freedom, fairness, and moral and ethical behavior? Which part of the system seems weakest today? What can be done about it?