Conservative vs. Liberal Flashcards

1
Q

Conservatives in the Industrial Revolution:

A

favored maintaining old order and traditions (especially in regards to social hierarchies)

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2
Q

Conservative views:

A
  • advocate low taxes
  • free markets : economic system on supply or demand with little or no government control
  • deregulation : reduction of government power in an industry
  • privatization : when a government owned business or operation becomes owned by a private, non-government party
  • reduced government spending
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3
Q

Liberals in the Industrial Revolution:

A

favored societal change based on Enlightenment principles and a capitalist free market

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4
Q

Liberal views:

A
  • support private property
  • market economies : pricing of goods and services are guided by the interaction of citizens
  • individual rights
  • liberal democracy
  • secularism : exclusion of religion/rejects religion
  • rule of law
  • economic and political freedom
  • freedom of speech
  • freedom of press
  • freedom of religion
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