ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC INSTITUTIONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is at the opposite end of the political spectrum from democracy?
A
totalitarianism
B
authoritarianism
C
traditional authority
D
charismatic authority
Explanation: 

Detailed explanation-1: -Generally, the left wing is characterized by an emphasis on “ideas such as freedom, equality, fraternity, rights, progress, reform and internationalism” while the right wing is characterized by an emphasis on “notions such as authority, hierarchy, order, duty, tradition, reaction and nationalism".

Detailed explanation-2: -Left-wing politics typically involve a concern for those in society whom its adherents perceive as disadvantaged relative to others as well as a belief that there are unjustified inequalities that need to be reduced or abolished.

Detailed explanation-3: -Political ideology in the United States is usually described with the left–right spectrum. Liberalism is the predominant left-leaning ideology and conservatism is the predominant right-leaning ideology. Those who hold beliefs between liberalism and conservatism or a mix of beliefs on this scale are called moderates.

Detailed explanation-4: -Bottom left – Statism. The opposite of libertarianism, corresponding with those supporting low economic and personal freedom.

There is 1 question to complete.