Democracy and Free Enterprise Principles

The video tutorial discusses the basic concepts of democracy, highlighting six principles: worth of the individual, equality, majority rule with minority rights, necessity of compromise, individual freedom, and duties and responsibilities of citizens. It also explores the connection between democracy and the free enterprise system, emphasizing private ownership, individual initiative, profit, and competition. The tutorial underscores the importance of balancing government involvement in the economy.

What is the primary focus of the introduction in this video?

• The structure of Congress

• The role of the President

• The basic concepts of democracy

• The history of the United States

Which principle of democracy emphasizes the importance of each individual?

• Majority rule

• Necessity of compromise

• Equality of all persons

• Worth of the individual

What does the principle of 'equality of all persons' ensure?

• No government intervention

• Absolute freedom for all

• Majority rule without exceptions

• Equality of opportunity and before the law

Why is compromise considered necessary in a democracy?

• To eliminate minority rights

• To resolve conflicts and progress

• To ensure absolute freedom

• To maintain majority rule

What is the limitation of individual freedom in a democracy?

• It is controlled by the government

• It ends where others' freedoms begin

• It is determined by the majority

• It is absolute and unrestricted

What are the duties of a good citizen in a democracy?

• Volunteering and voting

• Jury duty and attending school

• Paying taxes and serving in the military

• Protesting and lobbying

How are responsibilities of citizens different from duties?

• Responsibilities are legally enforced

• Responsibilities are punishable

• Responsibilities are more forgiving

• Responsibilities are optional

What characterizes the free enterprise system?

• Centralized planning

• Equal distribution of wealth

• Private ownership and competition

• Government ownership

How does the free enterprise system relate to democracy?

• It limits individual freedom

• It opposes democratic principles

• It is a political system

• It shares a commitment to individual freedom

What regulates the price of goods in a free enterprise system?

• Minority rights

• Majority rule

• Supply and demand

• Government intervention