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 conservative; socially liberal, fiscally liberal
B. socially liberal, fiscally liberal; socially conservative, fiscally conservative
C. socially conservative, fiscally liberal; socially liberal, fiscally conservative
D. socially liberal, fiscally conservative; socially conservative, fiscally conservative

Answer 1

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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