Question

1. which ideologies both prioritize limited government intervention in the economy?

a. conservatism and libertarianism
b. liberalism and conservatism
c. socialism and libertarianism
d. liberalism and socialism

Explanation:

To solve this, we analyze each option:

• Option a: Conservatism generally favors limited government intervention in the economy (supporting free - market principles in many cases), and libertarianism strongly advocates for minimal government interference in economic and personal affairs, emphasizing individual liberty and free markets.
• Option b: Liberalism (in the modern sense, especially social - liberalism) often supports government intervention in the economy for social welfare programs, while conservatism has a more mixed but generally less interventionist stance on the economy compared to liberalism. So they do not both prioritize limited government intervention.
• Option c: Socialism advocates for significant government control or ownership of the means of production and extensive economic intervention, while libertarianism is against such intervention. So this is incorrect.
• Option d: Liberalism (modern) and socialism both support more government intervention in the economy (liberalism for welfare, socialism for broader economic planning/ownership). So this is incorrect.

Answer:

a. Conservatism and libertarianism