American founding fathers were concerned with the limits of democracy. Their concerns are similar to those of political philosophers such as John Stuart Mill (<em>On Liberty</em>) and Alexis de Tocqueville (<em>Democracy in America</em>). In particular, they were concerned that an excess of democracy would lead to a “tyranny of the majority.”
The tyranny of the majority refers to a situation in democratic rule where a self-interested majority can put their interests above those of the minority. It is an inherent weakness of majority rule and can lead to the oppression of minorities.
Alexander Hamilton wrote to Thomas Jefferson about this worry after The Constitutional Convention in 1787, and the constitution that was drafted reflects these concerns. The Electoral College is partly a safety mechanism to prevent the democratic victory of a tyrannical despot. Other mechanisms introduced were the Bill of Rights and the division of power, which prevents the centralization of all power in one individual, even a democratically elected one.
The answer is capitalist economy.
Answer:
The Founding Fathers set an example of citizenship for generations to come in that they founded a new country based on liberty and private property, in which citizens could be free to do whatever they liked to do legally under the laws established by the Constitution of the United States.
The correct answers to these open questions are the following.
1. Do you think that the business executive who made this statement would be in favor of or against free trade? What makes you think so?
What I think is that times are changing and are very different from the time of "Made in America."
In this modern-time, globalization rules, and free trade are the direct consequence of globalization. Many American companies have decided to go abroad and built fabrics and industrial plants in other countries because in those developing countries they pay low salaries and can get more profits selling their products. American companies have been greedy too.
2. What do you feel about the number of imported items you can buy in stores? How might free trade affect these numbers?
As I mentioned above, it is part of free trade in a globalized world. Yes, the United States imports many things, but let's remember that the US also exports many goods to other countries. So this is call balance, in which countries negotiate to have a balance in trade. Countries export, yes, but they also have to import goods, so all the countries win.
The best example is the free trade agreement called NAFTA, now USMCA, between México, Canada, and the United States.
