Practicing Success

Target Exam

CUET

Subject

Political Science

Chapter

Politics in India Since Independence: Politics of Planned Development

Question:

In economic context the Right ideology often emphasizes the importance of:

Options:

Government intervention in the economy

Social welfare programs

Free competition and market economy

All of the above

Correct Answer:

Free competition and market economy

Explanation:

In politics across most countries, you will frequently encounter mentions of parties and groups aligned with either Left or Right ideologies. These terms describe the stance of these groups or parties concerning social change and the role of the state in achieving economic redistribution. The Left typically represents those who advocate for the welfare of the underprivileged and endorse government policies aimed at benefiting these sections. On the other hand, the Right comprises individuals who hold the belief that progress is primarily driven by free competition and a market economy, emphasizing limited government intervention in the economy unless necessary.