1. Warm Up
“No government demands so much from the citizen as democracy, and none gives so much back”- James Bryce
What does a democratic government demand from you?
What do you get in return?

2. Quiz Chapter 1 FRIDAY

3. Chapter 1
Section 3

4. Foundations of Democracy
Recognition of the fundamental worth and dignity of every person.
A respect for the equality of all.
A faith in majority rule and an insistence on minority rights.
An acceptance of the necessity of compromise.
An insistence of individual freedom

5. Worth of the Individual
Every person is important and unique

6. Equality of All Persons
“all men are created equal” –Thomas Jefferson
Does not insist that all people have equal conditions
- Not everyone is born with equal mental and physical abilities
All people are entitled to:
- Equal opportunity
- Equality before the law

7. Majority Rule, Minority Rights
The will of the people determines public policy.
Democracy argues:
- the majority of people will be right more often than they will be wrong
- and more often than an individual or small group

8. What are potential problems of majority rule?

9. Minority Rights
The majority must recognize the right of the minority to become the majority.
The majority must be willing to:
-listen to the minorities arguments
-hear its objections
-listen to its criticisms
-welcome suggestions

10. Necessity of Compromise
Decision making must be a give and take among competing interests.
Compromise is the process of blending and adjusting competing views.
If every individual is unique and important all points of view should be heard
Most political questions have more than 2 possible answers

11. Individual Freedom
Democracy can only exist if there is individual freedom.
Democracy does not mean complete freedom
Each must do as he or she pleases as long as the freedom of others is not inhibited
Balance between the freedom of individual and the rights of society

12. Free Enterprise System
Economic system characterized by:
private ownership of goods,
investments made by private decision, not government directive
success or failure determined by the competitive marketplace

13. Free Enterprise System
Four Fundamental Factors
Private Ownership
Individual Initiative
Profit
Competition

14. Free Enterprise system is often called Capitalism

15. How Does it Work? Law of Supply and Demand
-When supplies of goods and services become plentiful, prices tend to drop, when supplies become scarcer, prices tend to rise.

16. Like democracy, the Free Enterprise System is based on individual freedom

17. Government and Free Enterprise System
An economy in which private enterprise exist along with government regulation and promotion is called a mixed economy.
Purpose of Government participation in economy
- protect the public
- preserve private enterprise