ECONOMICS
ECONOMIC SYSTEMS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Socialism
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Capitalism
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Nationalism
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Fascism
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Detailed explanation-1: -patriotism, feeling of attachment and commitment to a country, nation, or political community. Patriotism (love of country) and nationalism (loyalty to one’s nation) are often taken to be synonymous, yet patriotism has its origins some 2, 000 years prior to the rise of nationalism in the 19th century.
Detailed explanation-2: -Nationalism is an ideology that emphasizes loyalty, devotion, or allegiance to a nation or nation-state and holds that such obligations outweigh other individual or group interests.
Detailed explanation-3: -It holds that each nation should govern itself, free from outside interference (self-determination), that a nation is a natural and ideal basis for a polity, and that the nation is the only rightful source of political power.
Detailed explanation-4: -Nationalism means a feeling of pride and belongingness towards one’s nation. It is a feeling that unites people and drives them to fight for a common goal.
Detailed explanation-5: -Patriotism refers to devotion to a particular place and involves social conditioning and personal opinions. Nationalism involves national identity and a superior feeling towards one’s own nation.