Collectivism has several main principles, including: economic equality, public ownership, cooperation, collective-interest, economic equality and government regulation. This article details the history and main principles of collectivism in terms of its impact on government and economics.
Capitalism is an economic system that is the foundation for many modern countries. This article details the history and main forms of capitalism.
John Maynard Keynes was one of the most influential economic thinkers of the 20th century. His ideas played a crucial role in how governments around the world responded to the economic crisis of the Great Depression and the post-World War II era. This biography details the life and significance of John Maynard Keynes.
As an ideology, modern liberalism is associated with the center of the economic and spectrum because it allows for elements from both socialist ideologies and capitalist ideologies, combined with individual rights and freedoms and the principle of rule of law. This article details the main principles, history, positives and negatives of modern liberalism.
A mixed economy is considered to be in the middle of the economic spectrum and is based on the principles of both collectivism (left) and individualism (right). This article details the main principles, examples, positives and negatives of a mixed economy.
Franklin D. Roosevelt, the 32nd President of the United States, is celebrated for his leadership during the Great Depression and World War II, and for implementing the transformative New Deal policies. This article details the life and significance of Franklin D. Roosevelt.
Socialism is a left-wing economic system that favors government intervention in the economy in order to try to decrease the imbalances created by laissez-faire capitalism. This article details the history, types, main principles, negatives and positives of socialism as an ideology.
Friedrich Hayek was one of the most significant economic thinkers of the 20th century and championed free market capitalism. This article details the life and significance of Friedrich Hayek.
Hoovervilles in the Great Depression have become an enduring symbol of the extreme hardship faced by millions of Americans throughout the 1930s.
The Great Depression in the United States was a severe economic downturn during the 1930s, marked by widespread unemployment, bank failures, and a significant decline in industrial and economic activity.