TERM: FIRST TERM
SUBJECT: CIVIC EDUCATION
CLASS: SS 2
Capitalism is an economic system whereby the major means of production and distribution in a state are owned and controlled by the individuals or private sector. Democracy on the other hand is a system of government whereby all qualified adult citizens participate in the administration of the state either directly or through their elected representatives.
Direct democracy is a situation whereby all the qualified adult citizens are physically present to get involve in decision making in the affairs of the state. Indirect democracy otherwise known as representative democracy or modern democracy is a situation whereby all qualified adult citizens participate in the affairs of the state through representatives who are periodically elected by them.
Capitalist democracy therefore is the operation of the principles of representative democracy in a capitalist economic system.
CHARACTERISTICS OF CAPITALIST DEMOCRACY
Capitalist Democracy – Fundamentals of Civic Education for SS Book 2, Sola Akinyemi, Pages 14-19.
Instruction: From the options lettered A-D, choose the letter that is most appropriate for the following questions. Answer all the questions.
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