Gallup Survey on Capitalism: Two Questions

"You know, I was thinking, and I was wondering two things."
--Captain Georg von Trapp (The Sound of Music)

Have read/heard numerous media stories about a new Gallup poll over views about capitalism and socialism. The headline maker is the finding that, for the first time in four surveys since 2010, more Democrats have a more positive view of socialism (57%) than they do capitalism (47%).

What has been less reported is that Democrat views of socialism have not materially changed since the first survey eight years ago (steady in mid 50% range). Instead, the percentage of Democrats reporting positive views on capitalism fell from 56% when last surveyed in 2016 to 47% in this survey. Judging from the age group data, which is only reported in aggregate and not by political affiliation, the decline in positive views about capitalism comes predominantly from the 18-29 year demographic. Otherwise, it does not appear views on capitalism or socialism have been trending in any age group since this survey began.

Question #1 is why do 18-29 year olds view capitalism less favorably today than in the past?

When looking at the methodology and general results, I also found it interesting that respondents were also asked about whether they had a positive or negative image of 'free enterprise.' Here are the results side by side (% positive/% negative/% no opinion)

free enterprise 79/17/4
capitalism 56/40/4

Most economic theory that I am aware of treats free enterprise and capitalism interchangeably.

Question #2 is why do people view free enterprise far more favorably than capitalism?

These questions will be considered in future posts.