Lecture 1-4 The Free Market Flashcards

1
Q

Name two features of american liberalism ideology

A

individuals and limited government

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2
Q

wha tis individualism

A

focus on individual, not collective good

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3
Q

name three features of individuals

A

benign society
success= individual effort
land of opportunity

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4
Q

explain benign society of individualism

A

Individuals rise and fall dependant entirely on own actions

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5
Q

explain land of opportunity of individualism

A

reinforced idea that your released from shackles of British feudalism

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6
Q

explain the limited government of liberalism

A

o Limited to nightwatchman state

o Fear of tyrannical gov (extension of fear of British monarchy)

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