A. AS YOU READ
On the chart below, write the five basic concepts of democracy and write a sentence describing each.

B. REVIEWING KEY TERMS
Answer the following questions on a separate sheet of paper.
6. Explain the significance of the term compromise as it relates to problem-solving in a
democratic society.
7. What are the four factors underlying the free enterprise system?
8. How does the law of supply and demand operate?
What is a mixed economy?

A AS YOU READ On the chart below write the five basic concepts of democracy and write a sentence describing each B REVIEWING KEY TERMS Answer the following ques class=

Respuesta :

The five basic concepts of democracy are:

  • Fundamental worth of every person. everyone is worthy of being part of our democracy.
  • Equality of all persons. everyone has equal opportunity and legal equality, regardless of gender, religion, or race.
  • Majority rule and Minority rights. ...
  • The necessity of compromise. ...
  • Individual Freedom.

What is Democracy?

This refers to the system of government that is for the people and the people elect their representatives.

Hence, we can see the four factors underlying the free enterprise system are:

  • profit,
  • risk,
  • competition,  
  • productivity

Hence, the law of supply and demand works in such a way that if the supply increases and demand stays the same, the price will go down

Read more about democracy here:

https://brainly.com/question/3710021

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