Principles Of Individualism + Collectivism

Question 1

50. Name the 6 principles of individualism

Answer 1

Private property
Rule of law
Individual rights + freedoms competition
Competition
Economic freedom
Self-interest

Question 2

51. Name the 6 principles of collectivism

Answer 2

Public property
collective Responsibility
collective Interest
adherence to collective Norms
Cooperation
Economic equality

Question 3

52. Rule of law

Answer 3

• everyone is equal under the law
• law applies equally no matter a persons status, same consequences for all