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Conservatism is a political and social philosophy characterized by a preference for established institutions and traditions. It emphasizes gradual change over rapid or radical reform, valuing stability and continuity in society. Core tenets often include respect for authority, order, and the importance of family and community. Conservatives generally believe in individual liberty, but often within a framework of social responsibility and moral order. Economic policies associated with conservatism frequently involve free markets, lower taxes, and limited government intervention. There is a wide spectrum within conservatism, encompassing various schools of thought and regional differences. Some forms of conservatism prioritize national identity and heritage, while others focus more on economic liberalism. The term itself derives from the verb "to conserve," reflecting a desire to preserve existing values and structures. It is often contrasted with liberalism, which tends to favor more progressive social change and government action to address societal problems.