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Sever21 [200]
3 years ago
12

Progressive Era/ World War 1 Assessment

Social Studies
1 answer:
muminat3 years ago
4 0

Answer:

17th

Explanation:

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What has been the overall effect of capitalism (free market enterprise) on American democracy?
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In many ways, the two notions are at odds. Or, at least, mild conflict.

Free Market Capitalism is an economic system understands that some will succeed and others will not. People will be rewarded for their ingenuity and market acumen and bad ideas will be disregarded and rejected.

American Democracy (Democratic-Republic) is defined by citizens banding together to solve common problems, while reserving the right of private property and concepts of liberty.

So, as free market capitalism has expanded in periods of history, Democracy has often taken a hit. As collective Democratic ideals have expanded, free market ideals have declined.

The New Deal is common understood as a retraction of the free market and the expansion of American collective Democracy. We are currently in a period of struggle between free market capitalism and strong collective Democracy. Only time will tell which concept will prevail.

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Verbatim transcription is an art by which the spoken words or verbal sounds are captured the way they are said and converted into text. In verbatim transcription, the verbal sounds or words are transcribe the way it is said. It requires pay close attention and a good listening ear. Spoken contractions should be clean verbatim transcribed the way it is said.

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