chapter 1 section 3 notes

Jumpstart Assignment

• On a scale of 1 to 10, how would you rank the job that President Obama has done so far in office. Explain your answer. (1 is terrible, 10 is great)

Foundations of Democracy

• Democracy is not inevitable, democracy exists because people believe in its basic concepts.

Concepts of Democracy

• Worth of the individual (working for the greater good)

• Equality of all persons (equality of opportunity not wealth)

• Majority Rule/Minority Rights

• Necessity of Compromise

• Individual Freedom (balance b/t individual freedom and societal good).

Democracy and the Economy

• Free-Enterprise – Private ownership of goods

–Law of Supply and Demand organizes the market

–Mixed Economy – private enterprise exists with government regulation

Jumpstart AssignmentJumpstart Assignment

• Do you agree with the following quote by Do you agree with the following quote by John F. Kennedy:John F. Kennedy:

““The rights of every man are diminished The rights of every man are diminished when the rights of one man are when the rights of one man are threatened.”threatened.”

Explain your answer.Explain your answer.