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An economic conservative is one who believes that the government should have a limited role in the economy. For example, an economic conservative would be against laws which regulate what businesses can do, such as requiring safety equipment, and be for the elimination of government subsidies to farmers and other government programs which could be performed by the private sector, such as Amtrak or the Post Office.
An economic conservative may also be a social conservative, but this isn't necessary. For example, while most moderate Republicans are both economically and socially conservative, most Libertarians are only economically conservative.
Also, economic conservatism covers a range of views rather than a single ideology. While most Republicans would like to see a reduction in government spending, most would balk at eliminating the Federal Reserve or government involvement in road construction.
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Is Nixon's economic policy liberal or conservative?
Liberal
Who wants to keep the economic political and social structures of society in place with minimal government involvement?
conservative
What is the economic term for prices of goods and services set by government?
A government only sets the prices for goods and services as a matter of course in Communist or strongly socialist countries. This has come to pass in more economically conservative countries only during periods of high inflation and serious economic downturn.
What 5 major economic goals?
Economic Effiency Economic Freedom Economic Security Economic Equity Economic growth and Innovation
An economic is a time of fast economic growth?
An economic growth_______ is a time of fast economic growth
What is the Economic shift from conservative to liberal back to conservative called?
It is called a cycle.
Is Nixon's economic policy liberal or conservative?
Liberal
What was President Reagen's conservative economic view was called?
"Reaganomics" is the word coined for Reagan's economic principles.
A conservative is opposed to government intervention?
both the economic and social spheres
Conservative southern democrats who supported reagan's economic policies in congress?
There were conservative southern democrats that supported Ronald Regan's economic policies in congress. These individuals were known as boll weevils.
What basic economic and political policies were pursued by the three conservative republican administrations of the 1920s?
The basic economic and political policies that were pursued by the three conservative republican administrations in the 1920s was enhanced american prosperity.
What does conservative mean?
Seeks to keep in place the economic, political, and social structures of society.
A conservative today is a person who wants the individual to have?
more economic freedom, less personal freedom.
Who wants to keep the economic political and social structures of society in place with minimal government involvement?
conservative
A person who wants to keep the economic political and social structures of society and place with minimal government involvement is a?
conservative
You use the terms liberal and conservative to identify positions on the political?
The terms, liberal and conservative are used to identify positions on political issues. A liberal politician is going to be in favor of spending on a certain issue and a conservative might have a wait and see attitude toward spending.
Which best describes the economic philosophy shared by president Harding Coolidge and Hoover?
"conservative" seems like a good word to describe their policy.
