Which ideology emphasizes absolute economic and social freedom without government intervention?

Prepare for the Federal Government 2305 Exam with flashcards and multiple-choice questions. Each question includes hints and explanations to enhance understanding. Get exam ready now!

Libertarianism is the ideology that emphasizes absolute economic and social freedom without government intervention. At its core, libertarianism advocates for individuals' rights to make their own choices regarding both personal and economic matters. This perspective holds that individuals should be free to pursue their interests and passions, as long as they do not infringe on the rights of others, and that government should have a minimal role in the lives of citizens.

Libertarians argue that government intervention disrupts the free market and individual autonomy. They believe that less regulation and taxation foster innovation and personal responsibility. Therefore, this ideology seeks to limit the scope of government power, ensuring that individuals can operate freely and entrepreneurs can thrive without burdensome constraints.

In contrast, conservatism generally supports some level of government oversight and traditional social values, while liberalism tends to advocate for both social and economic reforms driven by government intervention to achieve equality and protect rights. Socialism, on the other hand, emphasizes collective ownership and control of resources to achieve social equality, thus requiring significant government involvement in the economy.

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