Sample Essay on:
The Tenets Of Capitalism

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Essay / Research Paper Abstract

4 pages in length. Democracy has been the driving force behind America's social, political and economic pursuits as a nation since the United States adopted its Constitution; since that time, the concept has been staunchly upheld by a country whose inhabitants believe there is no other way in which a civilized society can exist. When capitalism became a mainstay around the time of the Industrial Revolution, the inextricable relationship between free enterprise and democratic principles was joined forever. To understanding the tenets of capitalism is to understand the fundamental components of what it means to live in a nation whose Constitution endorses unfettered life, liberty and the pursuit of happiness. Bibliography lists 5 sources.

Page Count:

4 pages (~225 words per page)

File: LM1_TLCTenetCap.rtf

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Unformatted sample text from the term paper:

whose inhabitants believe there is no other way in which a civilized society can exist. When capitalism became a mainstay around the time of the Industrial Revolution, the inextricable relationship between free enterprise and democratic principles was joined forever. To understanding the tenets of capitalism is to understand the fundamental components of what it means to live in a nation whose Constitution endorses unfettered life, liberty and the pursuit of happiness. The tenets of capitalism have come to represent the foundation of freedoms established by Americas forefathers, with the democratic process such a successful role model that it ultimately paved the way for several other countries to follow. John Kingdons America the Unusual notes how the idea of democracy was that of the ultimate evolution of human life. The concept, which was just a seed when it was established in the United States over two hundred years ago, allowed for people to make their own destinies and follow whatever dreams they may have kept harbored for fear that they would never be able to make them a reality. Democracy unleashed a joining together of the people so that new economic and political ideas could be shared in a way they had not been before. Democracy truly had the ability to empower both the people and the government; the people no longer felt suppressed and unimportant in matters that affected their very lives, and the government welcomed the variegated input received on political issues. Indeed, democracy proved to be a well-oiled machine that prospered for all parties involved (Shanker, 1997). One of the primary ways in which the tenets of capitalism are intertwined with democratic principles is by understanding how Americas forefathers strived to create an economic ...

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