Libertarian Party
Definition
The Libertarian Party is a political party in the United States advocating civil liberties, non-interventionism, laissez-faire capitalism and shrinking the size and scope of government.
Analogy
Imagine if your parents decided not only not to give you chores but also stopped setting rules for you. They believe you're responsible enough to make your own decisions and handle the consequences. That's kind of like the Libertarian Party's approach to government.
Related terms
Limited Government: A political system in which legalized force is restricted through delegated and enumerated powers, often outlined in a constitution.
Free Market: An economic system where prices are determined by unrestricted competition between privately owned businesses.
Non-Interventionism: A foreign policy that holds that political rulers should avoid alliances with other nations but still retain diplomacy, and avoid all wars not related to direct self-defense.
"Libertarian Party" appears in:
Study guides (1)
Practice Questions (4)
- What are some of the guiding ideals of the platform of the Libertarian Party?
- Which healthcare and education initiatives does the Libertarian Party back?
- What is one of the Libertarian Party's position on a particular social issue?
- What is the Libertarian Party?
Resources
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