How do liberal and conservative ideologies fundamentally differ in their approach to economic equality?

Liberal and conservative ideologies differ mainly in how they view economic equality and the role of government in achieving it. Liberals typically believe that the government should actively work to reduce economic inequality through policies like higher taxes on the wealthy and social programs that support those in need. They argue that everyone should have equal opportunities and that the government can help level the playing field. On the other hand, conservatives often believe that economic equality is best achieved through free markets and individual responsibility, arguing that too much government intervention can limit personal freedoms and economic growth. For example, while a liberal might support raising the minimum wage to help workers, a conservative might argue that doing so could lead to job losses and hurt businesses.