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What Is the Difference Between a Value and an Ideology

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What is the difference between a value and an ideology? Describe some of the characteristics and beliefs that define both liberalism and conservatism in contemporary American politics. What are the main differences between these two ideologies in terms of their emphasis on core American values? What are their points of agreement?


Definitions:

IRR

Internal Rate of Return; a financial metric used to evaluate the profitability of investments.

Variance

A measure of the spread of a set of values, calculated as the average of the squared deviations from the mean.

Index Funds

Mutual funds or ETFs designed to track the components of a market index, offering broad market exposure and low operating expenses.

Expected Monetary Value

A statistical concept that calculates the average outcome of a future event that may or may not happen, taking into account all possible scenarios and their probabilities.

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