Unit 1 Vocab Flashcards
(62 cards)
What does radical mean?
Radial: Change or brand new, such as new political electives, new legislation, everything from scratch. Often regrets political or economic traditions of the past.
What does reactionary mean?
Reactionary: change, idealizes the things of the past and accepts economic inequality.
What does Liberalism mean?
An society based on freedom.
What does collectivism mean?
Collectivism: individuals or people working together to achieve a common goal or “common good”.
What does individualism mean?
Individualism: An habit of being independent and self-reliant; characterized by pursuit of one’s own goals.
What does the acronym P.R.I.N.C.ES stand for?
P.ublic Property
R. responsibilities
I. nterest in common
N. orms that are shared
C. o-operation
E. conomic equality
S. tability or security
What does P.R.I.C.E acronym stand for?
P. rivate property
R. ule of Law
I. ndividual rights
C. ompetition
E. conomic freedom
S. Self interest
What are the characteristics of ideologies?
Nature of human beings
Structure of society
Interpretations of history
Visions of the future
What does ideology mean?
An organized collection of ideals that form a comprehensive belief system or worldview.
Who is the father of capitalism?
Adam Smith
Who is the figurative father of Liberalism?
John Locke
What ideology is Liberalism based on?
Individualistic ideology
On the political/economic spectrum where would collectivism be?
On the left
On the political/economic spectrum where would individualism be?
On the right
Competition would be based on what ideology?
Individualism
“Common good” would be based on what ideology?
Collectivism
Cooperation would be based on that ideology?
Collectivism
Personal autonomy would be based on what ideology?
Individualism
Self-reliance would be based on what ideology?
Individualism
What does the acronym P.E.A C.C.C stand for?
P. Public property
E. Economic equality
A. adherence to collective norms
C. Co-operation
C. Collective interest
C. Collective responsibility
Where would Liberalism be on the political/economic spectrum?
On the right
What is the economic/political spectrum measure?
The extent of government intervention in an society to provide an effective stable economy.
What to do individuals on the left side of the spectrum advocate?
Left wing ideologies often prioritize equality, social justice, and assistance marginalized or disadvantaged groups. In Favour of government intervention, provide social services,(Collective approach to society as everyone helps - common good)
What do individuals on the right side of the spectrum advocate?
Less government intervention, individual interest, free markets, lower taxes, Laissez-faire, competition, free enterprise, private ownership