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memorize.ai (lvl 286)

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10 cards

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Section 1

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Socialism

Front

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Politics

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Last updated

6 years ago

Date created

Mar 1, 2020

Cards (10)

Section 1

(10 cards)

Socialism

Front

collectively owned means of production with proportionate redistribution of wealth; government owned to make sure all workers get a fair share

Back

Small Government

Front

government that has limited or minimal involvement in business and financial regulation and little to no involvement in the social life of its citizens

Back

Big Government

Front

government involvement in business and financial regulation as well as economic and social life

Back

Republican

Front

political party generally associated with business interests and that favors a restricted governmental role in economic and social life

Back

Ideology

Front

a system of ideas mainly about economic and political theories

Back

Conservative

Front

holding to traditional attitudes and values (i.e. save for retirement, individual freedom, strong military)

Back

Political Party

Front

a group of people that share the same views of the way power should be used in a country or society

Back

Democrat

Front

political party generally supports a tax system that places a greater burden on the rich and large corporations, and prefers spending on social programs to spending on defense

Back

Liberal

Front

open to new behavior or opinions and willing to discard traditional values (i.e. high minimum wage, rights for all)

Back

Capitalism

Front

privately owned means of production and trade with a free market system; business owners determine how much they pay their employees

Back