. Conservatism: supports the idea of capitalism and its principles of private property, competition in the free market, personal accumulation of wealth and entrepreneurship. The principle of individualism underlies all conservative thought and Emphasize that the common good will best be served of individuals are left to pursue their personal self- interest with the least interference .Conservatism tends to support Residual approach.
2. Liberalism: Is similar to conservatism, both philosophies emphasize liberty, individualism and competitive private enterprise.
Liberals urge governments to accept a reasonable degree of Responsibilities for meeting people’s needs and for protecting people
From risks of modern society.
3. Socialism (NDP): Major inequalities of resources of economic power in society result in the poor being in bondage to rich.
They urge governments to take on the role of “stabilizer” by
Redistributing income more evenly among all citizens
2. Liberalism: Is similar to conservatism, both philosophies emphasize liberty, individualism and competitive private enterprise.
Liberals urge governments to accept a reasonable degree of Responsibilities for meeting people’s needs and for protecting people
From risks of modern society.
3. Socialism (NDP): Major inequalities of resources of economic power in society result in the poor being in bondage to rich.
They urge governments to take on the role of “stabilizer” by
Redistributing income more evenly among all citizens