Question

Which of the following most accurately describes the social and fiscal views of Democrats and Republicans, respectively? Please note: the word "fiscal" refers to financial matters. Select one: A. socially conservative, fiscally liberal; socially liberal, fiscally conservative B. socially conservative, fiscally conservative; socially liberal, fiscally liberal C. socially liberal, fiscally liberal; socially conservative, fiscally conservative D. socially liberal, fiscally conservative; socially conservative, fiscally conservative

Answer 1

Answer:

Fiscal conservatism is a political and economic philosophy regarding fiscal policy and fiscal responsibility advocating low taxes, reduced government spending and minimal government debt. Free trade, deregulation of the economy, lower taxes and privatization are the defining qualities of fiscal conservatism.

Social conservatism is generally skeptical of social change, and believes in maintaining the status quo concerning social issues such as family life, sexual relations, and patriotism. Social conservatism encompasses a range of what may be thought of as bourgeois positions on social issues.

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Answer 2

c. socially liberal, fiscally liberal; socially conservative, fiscally conservative

Explanation:

Democrats

• Democrats think that fiscal stability, regulated by the federal govt. is required to ensure economic health.
• Therefore, government operates in the economy and seeks to control it by way of social programs such as  federal unemployment insurance,  Medicare, programs to stabilise America's unstable populations to improve their financial situations, & contribute positively to society.
• To do that much money is required, therefore, Democrats prefer to see tax raising as a moral obligation that provides the government with the resources that drive the economy.
• Ideas such as society & economy  are closely linked to Democrats who believe in a more involved government. The idea was that the economy cannot recover without a prosperous society, and that the govt. needs to use its power to help society flourish

Republicans

• Republicans prefer to favor an economy that is even more laissez-faire, effectively ensuring the government stays on hand. Setting the economy means  providing breaks for the wealthy, in order for them to invest privately in the economy and to let businesses take their own economic decisions they feel are the best.
• Individual decisions, capitalist competition, & secure investments drive economic growth
• The theory was that the richest individuals and business companies have the most money to spend, and tax cuts and incentives would be given.
• As they prosper, they would re-invest their fortunes in American society and enhance the lives of the rich- , middle- and then the lower classes, creating the economically stable foundation for the nation.
• While the Republican Party has minority centrist and liberal factions, it is typically linked to social conservative policies. The social conservatives want legislation which protects their traditional values, including opposition to , abortion, same-sex marriage and marijuana. Most conservative Republicans oppose gun control, illegal migration, & affirmative action