Test 4 Leadership Flashcards
Define political spectrum
A body which encompasses all realms of political thought.
Define left
The radical or alternative which includes communists, socialists and anarchists.
Define right
The capitalistic, conservative side of politics which features conservatives, fascists and liberals.
Define centre
A soft liberal view that wants basic living standards but they should be balanced with individual and economic freedom.
Define anarchism
A belief that there be no government or state and that natural law governs the land. Ex French Revolution
What is an ideology?
An ideology is a coherent set of attitudes and beliefs concerning political life.
Define communism
A social system where means of production are owned and shared by all of society. Ex Venezuela
Define socialism
A co-operative societies which shares its resources and is based on Karl Marx theory. Ex USSR
Define liberalism
System where individuals freedom and economic equity are of equal importance. Ex USA
Define conservatism
To maintain society rather than change it. Ex Howard
Define Fundamentalism
A government that gases itself on strict religious law. Ex Iran
Define free market
An economy where the government does not interfere and trade is controlled by private hands.
Define capitalism
The economic theory of increasing ones capital through competitive economic practices.
Define fascism
A government that holds extreme views and beliefs and often led by a dictator. Ex nazi germany. On far right of political spectrum.
What are the two principles capitalism employs
- Laissez faire economics (let them do) government intervention.
- Self-interest( that individuals will compete against each other and will be motivated to succeed by their own interests.