Do you think democratic governments can exist in states when one or more of these foundations are lacking? __________________________________________________________________________________________American commitment to freedom is deep-rooted, and it is evident in the nation’s __________ system as well as its political system. (p 20)The American economic system is often called the __________, __________, __________, or ___________. (p 20-21)It is based on four fundamental factors: (p 21)1. __________________________________________________________________________________2. __________________________________________________________________________________3. __________________________________________________________________________________4. __________________________________________________________________________________In our economic system, decisions about production and price are set through the __________, although the __________ regulates many of those decisions. (p 21)This regulation is justified for two reasons: __________ and __________. (p 21)Based on our class discussion, do you think communism would work in the US? _________________________