It is a democratic system because it helps both companies and people.
It helps companies through the system of the free market and free trade which makes the economy democratic. Any person can open a company and join the market regardless of their background and nobody can kick someone out or forbid them from participating in the market unless they break a law or anything similar.
The way it is democratic for the people is that the government can sometimes intervene in order to protect people from malpractices. This can either be things like monopolies and trusts or it can be social issues like banning segregation in companies and service providing facilities, or for example making an act that raises the minimum wage or anything similar.
In their competition for power, nations raced to colonize as many places as possible, since colonization meant an increase in raw materials, as well as usually an increase in labor force through exploited natives.
Answer:
Protestants and Catholics
They felt that the church was corrupt. They also attacked the 'cult of saints' – they argued that relics were fakes which could not cure illness or perform miracles. They believed that the Catholic Church simply used them to make money.