What political viewpoint is characterized by a focus on capitalism and individual responsibility?

CIPS Managing Ethical Procurement and Supply Test is designed to enhance your understanding of ethical practices in procurement. Study with comprehensive questions and explanations. Prepare effectively for your exam!

The answer that highlights a focus on capitalism and individual responsibility aligns with the right-wing political viewpoint. This perspective often champions free market principles, advocating that individuals have the right to operate businesses, engage in commerce, and reap the rewards of their own contributions and efforts. It places a strong emphasis on personal responsibility, suggesting that individuals should take accountability for their economic choices and consequences.

Right-wing ideology tends to support minimal government intervention in the economy, promoting the idea that a free market leads to better outcomes for society overall. This is in contrast to left-wing and socialist viewpoints, which usually advocate for more collective ownership and economic equality, often involving greater government involvement in regulating the economy.

By focusing on personal initiative and capitalism, right-wing perspectives encourage a system where success is based on individual merit, reinforcing the concept of individual responsibility as a core principle.

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