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Capitalism: For example, the box for capitalism had three points: private ownership of industry (students started with their own candy), freedom of competition (students played rock, paper, scissors), and results in unequal economic classes (some students won, most lost).
chapter 8 friedman capitalism and freedom

[DOC File]Note: All sentences in quotes and bold are from Escape ...
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Democratic capitalism is a system based on three components: (1) free enterprise; that is, freedom to own your own businesses and farms and freedom to keep the profits, (2) a freely elected government that has internal checks and balances, and (3) moral, ethical, and spiritual values that are part of the very fabric of the country and the ...
capitalism and freedom pdf

[DOC File]Chapter One – People & Government
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Capitalism. Capitalism is an economic system based on money (capital means money). The central idea of capitalism is that the marketplace, not rulers or governments, decide what will be made and sold. In the marketplace, people influence what will be produced by the goods they decide to purchase.
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What is Capitalism? The Concept of Economic Freedom ...
Friedman,Milton. (2002). Capitalism and Freedom. Chapter 1- "The Relation Between Economic Freedom and Political Freedom". Chicago: University of Chicago Press, 1962, pp. 7-17
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[DOCX File]Florida Gulf Coast University
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Capitalism, Socialism, freedom and equality Some points to consider: Friedman’s concept of freedom: compare with Mill’s definition (restrict liberty of individual only to protect others – where is the boundary?) and with Berlin’s idea of ‘negative’ freedom (freedom ‘from’ – how distinct from freedom ‘to’?)
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[DOC File]BONUS CASE 2-1 - McGraw Hill
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3. Capitalism or Free Enterprise. A. Overview. 1) Freedom of choice and individual incentive for workers, investors, consumers, and business enterprises is emphasized. 2) Government assumes that society will be best served by any productive economic activity that free individuals choose. 3) …
capitalism and freedom epub

[DOC File]Capitalism, Socialism, freedom and equality
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Aspects of Freedom for Modern Man Capitalism filled in the gaps of freedom. The spiritual freedom allotted by the Protestant Reformation grew into social and political freedom. "Economic freedom was the basis of this development, the middle class was its champion." People learned to rely on themselves, to make their own decisions and carve out ...
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Freedom and capitalism