words that end with -ism Flashcards
Absolutism
a political system in which one ruler or leader has complete power and authority over a country.
Nationalism
loyalty and devotion to a nation.
Liberalism
a political and moral philosophy based on the rights of the individual, liberty, consent of the governed, political equality, right to private property and equality before the law.
Conservatism
a cultural, social, and political philosophy that seeks to promote and to preserve traditional institutions, customs, and values.
Socialism
common or public ownership of resources and means of production leads to a more equal society.
sharing
Capitalism vs Communism
Communism - an economic ideology by Karl Marx in which all property is publicly owned and people are paid according to their economic needs.
Capitalism - an economic ideology in which property is privately owned and trade is controlled by competition.