Liberal ideology refers to a political belief system that emphasizes individual liberties, equality, and government intervention to address social and economic inequalities. Liberals generally advocate for a mixed economy with a balance between free market capitalism and government regulation.
Related terms
Progressive Taxation: A tax system in which individuals with higher incomes are taxed at higher rates than those with lower incomes.
Welfare State: Refers to policies and programs implemented by the government to provide social assistance and support to citizens, such as healthcare, education, and unemployment benefits.
Individual Rights: Fundamental rights and freedoms guaranteed to each person by law, such as freedom of speech, religion, and assembly.