Liberalism

Definition

Liberalism is a political and philosophical ideology that emphasizes individual rights, freedom, and equality. It promotes limited government intervention in the economy and supports social progress.

Related terms

Capitalism: An economic system based on private ownership of resources and businesses, where individuals have the freedom to engage in trade and accumulate wealth.

Socialism: A political and economic theory advocating for collective or government ownership of resources and means of production, aiming for more equal distribution of wealth.

Enlightenment:

A cultural movement during the 18th century that emphasized reason, science, and individual rights as a response to traditional authority.