Ideologies

Definition

Ideologies are sets of beliefs, values, and ideas that shape and guide political, social, and economic systems. They provide frameworks for understanding the world and can influence policies and actions.

Related terms

Capitalism: An economic ideology where private individuals or businesses own and control the means of production. (e.g., free market economy)

Socialism: An economic ideology where the means of production are owned by the community as a whole rather than by individuals. (e.g., government-controlled industries)

Communism: A socio-political ideology advocating for the abolition of private property ownership in order to create a classless society where resources are shared equally among all members.