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Social 30-2 Unit 2
Unit 2 Individualism, Collectivism, and the Common Good Terms
| Term | Definition |
|---|---|
| absolute monarchy | a king or queen who has unlimited power (autocratic power) over a territory and its people (subjects) |
| centre | the middle ground on the spectrum of individualism and collectivism |
| collective will | the wants or wishes of a group of people |
| collective interest | those goals that will benefit the group rather than any one individual |
| collective responsibility | the concept that individuals have a duty to the group and that this responsibility is greater than their individual responsibility |
| common good | that which is beneficial for everyone in a society |
| competition | the contest or rivalry among individuals or groups to gain some political, economic, or social advantage |
| co-operative | a group of people working together to achieve common goals |
| crown corporation | in Canada, a company owned by either the federal or provincial governments to serve the common good |
| economic values | the importance placed on money and possessions |
| left wing | a position on the left of the spectrum of collectivism and individualism; associated with the values of collectivism |
| liberal democracy | form of government based on individualism and liberalism |
| liberalism | an ideology based on the freedom of the individual and the values of individualism |
| market economy | an economic system in which individuals make economic decisions based on self-interest without government intervention |
| pluralism | the preservation of the diversity of various cultural and ethnic groups inside one country; the belief that all groups have the right to exist beside one another |
| political values | the importance government places on issues such as taking care of the people, taking care of the environment, and treating people equally |
| private property | the ownership of things, including land and resources, by individuals |
| privatization | the transfer of ownership of resources from public or government ownership to private or individual ownership |
| public property | the ownership of things, including land and resources, by the government |
| right wing | a position on the right of the spectrum of individualism and collectivism; associated with the values of individualism |
| rule of law | the concept that everyone is equal before the same laws and that the law is greater than the individual |
| self-interest | individuals acting in accordance with satisfying one's own needs and/or wants |
| self-reliance | individualist value of relying on one's self for making decisions and to obtain the necessities of life without help from the group |
| social values | the importance placed on concern for others and how we treat others |
| social contract | the ideological concept that individuals give up their own self-interest for the common good by following the collective will of society; a government does not have authority by force alone but must have the written consent of the people |
| socialism | an ideology based on the belief that collectivist values should form the basis for the political, economic, and social aspects of society |
| free-market economy | an economic system in which individuals make economic decisions based on self-interest without government intervention |
| free-enterprise economy | an economic system in which individuals make economic decisions based on self-interest without government intervention |
| capitalism | an economic system in which individuals make economic decisions based on self-interest without government intervention |
Created by:
KM-ADLC
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