unit 1 social collectivism vs individualism and ideologies

Individualism

The principle that emphasizes the moral worth of the individual and the importance of individual freedom.

Equality

The state of being equal, especially in status, rights, and opportunities.

Governance

The action or manner of governing a state, organization, or people.

Spectrum

A range or scale that shows a variety of beliefs or opinions; often referred to in ideologies.

Authority

The power or right to give orders, make decisions, and enforce obedience; often associated with political power.

Freedom

The power or right to act, speak, or think as one wants without hindrance or restraint.

Balance

A situation in which different elements are equal or in the correct proportions, especially regarding ideologies.

Norms

The informal understandings that govern the behavior of members in a society.

Responsibility

The state or fact of having a duty to deal with something or of having control over someone.

Inequality

The unequal distribution of resources or opportunities among individuals in a society.

Ideology

A system of ideas and ideals forming the basis of economic or political theory and policy.

Contrast

The state of being strikingly different from something else in juxtaposition or close association.

Economics

The branch of knowledge concerned with the production, consumption, and transfer of wealth.

Taxation

The practice of collecting revenue from individuals or businesses by governments.

Capitalism

An economic system characterized by private or corporate ownership of capital goods and their production.

Solidarity

Unity or agreement of feeling or action, especially among individuals with a common interest.

Profit

The financial gain obtained when revenue from business activities exceeds costs.

Welfare

The health, happiness, and fortunes of a person or group; often refers to government support for the needy.

Property

A thing or things belonging to someone; fundamental concept in individualism.

Ambition

A strong desire to do or achieve something, typically requiring determination and hard work.

Reason

The power of the mind to think, understand, and form judgments logically.

Selfishness

Concern for one's own welfare and interests, often at the expense of others.

Collectivism

The practice or principle of giving a group priority over each individual in it.

Order

An arrangement or organization of a state, especially in relation to governance.

Accountability

The obligation of an individual or organization to account for its activities and accept responsibility.

Teamwork

The combined action of a group of people, especially when effective and efficient.

Collaboration

The action of working with someone to produce or create something.

Subjectivity

The quality of being based on or influenced by personal feelings, tastes, or opinions.

Politics

The activities associated with the governance of a country or area.