Classical Liberalism:Tradition within liberalism that seeks to maximise the realm of unconstrainted individual action typically by establishing a minimal state and reliance on market economics
Key Terms (Cont..)
Libertarnism: Radical individualist doctrine, which holds that the state cannot use coercion to control individuals, even for thier own good or protection self-ownership is the moral right of all individuals.
Neo-Liberalism: Economiv ideology based on deregulated markets and global trade.
Liberal Democracy: System of governement based on representative democracy and competitve elections, in which the activities of government are limited by constitutional rules or conventions