A major difference between [[democracy]] and [[socialism]] is the [[free market]] principle which allows buyers and sellers to agree on price without government interference. Democracy, a political system which promotes individual initiative, generally supports [[free markets]]. Socialism in most of its forms interferes with individual initiative. | A major difference between [[democracy]] and [[socialism]] is the [[free market]] principle which allows buyers and sellers to agree on price without government interference. Democracy, a political system which promotes individual initiative, generally supports [[free markets]]. Socialism in most of its forms interferes with individual initiative. |