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10 Cards in this Set
- Front
- Back
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Libertarianism
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Cherishes individual liberty and insists on minimal government. Promotes free market economy.
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Socialism
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An economic and governmental system based on public ownership by the means of production and exchange.
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Conservatism
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A belief that limited government ensured order, competitive markets, and personal opportunity
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Liberalism
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A belief that government can and should achieve justice and equality of opportunity
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Political Idealogy
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A consistent pattern of beliefs about political values and the role of the government
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Anti-trust Legislative
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Federal laws that try to prevent a monopoly from dominating an industry and restraining trade.
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Monopoly
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Domination of an industry by a single company that fixes prices and discourages competition.
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Capitalism
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An economic system characterized by private property competitive markets, economic incentives, and limited government involvement.
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American Dream
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The widespread belief that the U.S is a land of opportunity and that individual iniative and hard work can bring economic success.
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Natural Rights/Human Rights
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The rights of all people to dignity and worth
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