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Liberalism 1
Review - Emergence of Modern Liberalism
| Definition | Term/Concept/Person |
|---|---|
| Type of capitalism featuring classical liberal economic thought with legislation to protect workers | Welfare Capitalism |
| Progressive president who introduced the Square Deal | Theodore Roosevelt |
| Type of capitalism that emerged after the Great Depression which included social programs to protect citizens | Welfare state/mixed economy |
| Event that triggered the Great Depression | Stock Market Crash of Oct 29 1929 |
| Program introduced by Franklin Delano Roosevelt to combat the Great Depression | The New Deal |
| Philosopher who called for government involvement in the economy during crisis | Keynes |
| How did the concept of equality expand after the great depression | Labour standards and unions, universal suffrage, equality rights for women |