POLITICS KEY TERMS

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LAISSEZ FAIRE
Free from government involvement or intervention
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CONSERVATISM
As a general ideology, Conservatism is opposed to the ideals of Liberalism and Socialism. Conservatism generally refers to right-wing politics which advocate the preservation of personal wealth and private ownership (Capitalism)
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LIBERALISM
Liberalism is a political and moral philosophy based on liberty and equality
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SOCIALISM
Socialism means production to satisfy human needs, not as under capitalism, for sale and profit. Socialism means direct control and management of the industries and social services by the workers through a democratic government
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CAPATALISM VS SOCIALISM
Disadvantages of socialism include slow economic growth, less entrepreneurial opportunity and competition, and a potential lack of motivation by individuals due to lesser rewards.
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SOCIAL LIBERALISM
(also known as modern liberalism) a variety of liberalism that endorses a market economy, the expansion of civil and political rights believes the role of governmet inc addressing economic/social issues such as poverty, health care and education
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NEO LIBERALISM AND LIBERALISM
Liberalism holds that the most important value is individual liberty. ... Neoliberalism is more about laissez faire economics, Neoliberalism is like a modern take on classical liberalism; but it focuses on the markets.
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NEO LIBERALISM AND CAPITALISM
During the last three decades or so, those advocating neoliberal ideas call themselves conservatives and we have associated neoliberalism with conservatism
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MARXISM
he political and economic theories of Karl Marx and Friedrich Engels, later developed by their followers to form the basis of communism.
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DEMOCRACY
a system of government by the whole population or all the eligible members of a state, typically through elected representatives.
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REFERENDUM
A referendum is a direct vote in which an entire electorate is invited to vote on a particular proposal.
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ELECTORATE
All the people in a country or area who are entitled to vote in an election. "75 per cent of the electorate voted for a Scottish parliament in some form"
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LABOURISM
The principles of a Labour Party or the labour movement. As the name suggests it is and has been from its formation a party for the working, a party for the 'people'
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CONSTITUTION
A constitution is a set of fundamental principles according to which we are governed. These rules together make up the 'constitute' the national framework on which the goverment is based
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Other cards in this set

Card 2

Front

As a general ideology, Conservatism is opposed to the ideals of Liberalism and Socialism. Conservatism generally refers to right-wing politics which advocate the preservation of personal wealth and private ownership (Capitalism)

Back

CONSERVATISM

Card 3

Front

Liberalism is a political and moral philosophy based on liberty and equality

Back

Preview of the back of card 3

Card 4

Front

Socialism means production to satisfy human needs, not as under capitalism, for sale and profit. Socialism means direct control and management of the industries and social services by the workers through a democratic government

Back

Preview of the back of card 4

Card 5

Front

Disadvantages of socialism include slow economic growth, less entrepreneurial opportunity and competition, and a potential lack of motivation by individuals due to lesser rewards.

Back

Preview of the back of card 5
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