The new right
Conservative party
A political party that supports traditional values and believes in limited government control over people
Welfare state
The system where the government looks after the health and well being of its citizens
Capitalism
An economic system based on making profits
Trickle-down theory
Allowing the wealthy to keep their money means that everyone in society becomes richer
Taxation
Payments made to the government through a variety of methods of order to support its spending on welfare and other priorities
New right
A political philosophy that believes in the rights of individuals over the good of society and in low taxation