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    Paraphrase this Paragraph on American Democracy and Capitalism

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    It is not chance alone that explains the fact that the year of origin for both the American democracy and the book on which capitalism is based, The Wealth of Nations, is the same. The philosophies on which capitalism and democracy are based are closely linked. Both are based on the individual's rights to life, liberty and the pursuit of happiness.

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    Adam Smith published "The Wealth of Nations" in 1776, the same year as the American Declaration of ...

    Solution Summary

    The expert paraphrases a paragraph on American Democracy and Capitalism.