Overview
The political spectrum is a vital framework for understanding how different ideologies influence economic and social policies. By categorizing beliefs into left-wing and right-wing, we can better analyze the motivations behind various political actions and decisions. Economic systems, such as capita...
Key Terms
Example: Socialism is often considered a left-wing ideology.
Example: Conservatism is a common right-wing ideology.
Example: The United States operates primarily under a capitalist system.
Example: Cuba is an example of a socialist economy.
Example: Most European countries have mixed economies.
Example: Universal healthcare is a social policy in many countries.