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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