Key Political and Economic Concepts: Polarization, Rule of Law, Socialism, Libertarianism
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Last updated 12:10 AM on 2/10/26
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4 Terms
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Political Polarization
The extreme division of a population into two opposing camps with no middle ground.
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Rule of Law
The principle that everyone, including leaders, must follow the law and is equal before it.
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Socialism
An economic system where the community or government owns resources to promote social equality.
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Libertarianism
A political philosophy advocating for maximum personal freedom and minimal government intervention.
Note 
Flashcards (20)