1.5.2 Liberalism

• What are the key emphases of liberalism as a political ideology?

  Individual liberty, limited government, free market economy
• What type of economy does liberalism advocate for?

  Free market economy
• Match the principle of classical liberalism with its description:

  Individual Liberty ↔️ Freedom to pursue personal goals without state interference

  Limited Government ↔️ State's role confined to protecting rights and freedoms

  Free Market Economy ↔️ Economy driven by supply and demand with minimal regulation
• What is the role of the state in classical liberalism?

  Protecting rights and freedoms
• Modern liberalism supports some government intervention to address market failures
• Modern liberalism maintains a focus on individual liberty
• John Locke argued for natural rights of life, liberty, and property
• Isaiah Berlin developed the concept of "negative liberty
• Classical liberalism supports a free market economy with minimal government intervention.


  True
• John Locke argued for limited government based on consent.

  True
• Individual liberty in liberalism means individuals have absolute freedom without any interference from the state.

  False
• One of the key principles of liberalism is individual liberty
• Arrange the key principles of classical liberalism in order of emphasis:

  1️⃣ Individual Liberty

  2️⃣ Limited Government

  3️⃣ Free Market Economy
• Classical liberalism emphasizes minimal government intervention in the economy.


  True
• What is one key difference between classical and modern liberalism?

  State's role in society
• What core value do both classical and modern liberalism share?

  Individual liberty
• Classical liberalism advocates for a limited government with minimal state intervention.


  True
• Adam Smith advocated for minimal government intervention in the economy.

  True
• Individual liberty is a core principle of liberalism.


  True
• What is the key difference between modern and classical liberalism regarding the role of the state?

  Greater state involvement
• What type of liberty did Isaiah Berlin develop the concept of?

  Negative liberty
• Privatization of state-owned industries is an example of applying the principle of limited government in UK politics.


  True
• Limited government in liberalism emphasizes that the state's role should be confined to protecting individual rights and freedoms
• Which ideologies contrast with liberalism in their approach to state intervention?

  Socialism and conservatism
• The principles of classical liberalism contrast with ideologies that favor a more active, interventionist role for the state
• Classical liberalism emphasizes individual liberty, limited government, and a free market economy
• Modern liberalism supports greater state involvement in the economy compared to classical liberalism.


  True
• What role does modern liberalism support for the government compared to classical liberalism?

  More active role
• What is the main economic policy of modern liberalism?

  Government intervention for market failures
• What principle did John Stuart Mill emphasize regarding state intervention?

  The harm principle
• What is the role of the state according to liberalism?

  Protect individual rights
• Modern liberalism is concerned with social equality and justice
• In the UK, the decriminalization of homosexuality is an example of applying the principle of individual liberty
• What is one economic policy in the UK that reflects the free market principle of liberalism?

  Lowering of taxes