Political Ideologies
This ideology emphasizes private property, limited government, and free markets.
What is liberalism?
In this economic system, prices are determined by supply and demand.
What is capitalism?
A key principle of democracy that allows media to operate without government interference.
What is freedom of the press?
This major conflict was driven by the ideological divide between capitalism and communism.
What is the Cold War?
This happens when more goods are available than people want to buy.
What is overproduction?
Karl Marx is most closely associated with this ideology.
What is communism?
The government controls all economic decisions in this system.
What is a centrally planned economy?
In a democracy, this helps protect against tyranny of the majority.
What are minority rights / interest groups / free press?
The Soviet Union abolished private property under this leader.
Who is Vladimir Lenin?
High inflation and low unemployment often result in this economic response from banks.
What are rising interest rates?
This authoritarian ideology supports nationalism and racial superiority.
What is fascism?
Adam Smith's theory that individuals acting in their own interest benefit the whole economy.
What is the invisible hand?
The division of power among legislative, executive, and judicial branches.
What is separation of powers?
This term describes countries or people working together for mutual defense and peace.
What is collective security?
Changing your core values would likely change this.
What is your ideological identity?
An ideology that combines individual freedoms with government-run social programs
What is progressivism?
This economic theory supports increased government spending during economic downturns.
What is Keynesian economics?
This term refers to individuals working together for the common good.
What is collective responsibility?
This Canadian ideology embraces cultural diversity.
What is multiculturalism?
According to Keynes, the government should do this during recessions.
What is increase spending?
The ideology that prioritizes the group over the individual.
What is collectivism?
A mix of public and private ownership defines this type of economy.
What is a mixed economy?
A person with strong individualist beliefs would most likely support this type of economic system.
What is capitalism / free-market economy?
This term refers to the set of beliefs and values a political party is based on.
What is ideology?
The era during which Keynesian economic ideas gained popularity in the U.S.
What is the Great Depression?