Question
In: Economics
How do liberals and conservatives differ in their approaches to economic problems?
How do liberals and conservatives differ in their approaches to economic problems?
Solutions
Expert Solution
Conservatives:-
- According to conservatives people should be free .
- To choose their actions of success and failure.
- They think that the schoolings and scholarship and other services helps people in achieving success.
- Conservatives believe that Ensuring stable and peaceful government is the greatest gift we can give for future generations.
Conservatives think that those people who have earned success through their hardworks must own benefits with out paying taxes.
They also believe that irresponsible people deserve what ever comes to them.
Some of them believe that homosexuality,transgenderism ,aethism can threat to rapidly growing society.
Liberals:-
- Are those people who believe that there are various forces at work that brings the concept of unequality for certain classes of people.
- Liberals also strive for providing equal opportunities for all people.
- Some of the liberals also attempt to bring societal change.
- Their major concern is to bring Free rides for all people.
- They also believe that free market is not sufficient for providing all the needs .
- According to them, Education, Environmental protections, Road developments are incompatible with market competition.
- They want these issues to be handled by the government.
- According to them Basic health care, Educationare the base line for a good standard of living..
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A nationwide sample of influential Liberals and Conservatives was asked as a part of a comprehensive...
A nationwide sample of influential Liberals and Conservatives
was asked as a part of a comprehensive survey whether they favoured
lowering environmental standards so that high-sulphur coal could be
burned in coal-fired power plants. The results were:
Liberals
Conservatives
Number
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634
329
Number in
favour
90
65
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a larger proportion of Conservatives in favour of lowering the
standards? Calculate and interpret the p-value.
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was asked as a part of a comprehensive survey whether they favoured
lowering environmental standards so that high-sulphur coal could be
burned in coal-fired power plants. The results were:
LIBERALS
CONSERVATIVES
NUMBER SAMPLED
131
236
NUMBER IN FAVOUR
30
83
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a larger proportion of Conservatives in favour of lowering the
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