Political Ideologies Flashcards

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1
Q

Socialism

A

Origin
Started in greece
Definition of socialism.
Herbert blend: to do the welfare of all individuals equally by distributing the collective ownership of all means of production.

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2
Q

Basic principles of socialism

A

Justified distribution of wealth
Strong central govt
Ending personal property.
Equal chances of progress to every sector.
Promotion of self respect

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3
Q

Fascism

A

Word derived from from force. Party of poor and strong to prevent communism.

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4
Q

Principles of fascism

A

Practical moves
State as supreme institute
Absolutism
Control economy,
State has a right to interfere in economic affairs.
National integration
Opposite to democracy

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5
Q

Demirts of fascism

A

Territorial aggrandaisment ( imperialism)
Sense of superiority
Violence
Deprivation of rights
Opposite to democracy
Irregular system

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6
Q

Capitalism

A

An economic system in which trade industries are privately owned. Merriam Webster

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7
Q

Features of capitalism

A

Wage labour
Private ownership
Large scale production
Profit as a key motive.

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8
Q

Pros of capitalism

A

Health, social good, economic growth, equality.

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9
Q

Cons of capitalism

A

Waste, starvation, danger, pollution.

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