What are the three political school of thought?

The three major political schools of thought are liberalism, conservatism, and socialism. Liberalism emphasizes individual rights, democracy, and free markets, advocating for personal freedoms and limited government intervention. Conservatism prioritizes tradition, social stability, and established institutions, often resisting rapid change. Socialism focuses on social ownership and egalitarianism, aiming for a more equitable distribution of resources and wealth through collective management of the economy.