Conservatives often support individual responsibility and little government involvement in the economy. Conservatives typically hold that people are responsible for their own economic success or failure, and that government intervention in the form of welfare programmes can foster a culture of dependency that discourages people from putting forth the effort necessary to improve their financial circumstances.
Conservatives typically think that the greatest approach to assist people escape poverty is through economic growth and job creation rather than wealth redistribution. They frequently back legislation that supports free market ideals, such fewer taxes, less regulation, and lower levels of government expenditure.
Conservatives often favour entrepreneurship, creativity, and hard work when it comes to the rich. They contend that wealthy people ought to be allowed to keep a larger portion of their profits and that wealth redistribution through taxes might discourage investment and entrepreneurship. Conservatives also frequently hold the view that those who are rich should be allowed to spend their resources as they see appropriate without undue intervention from the government.
However, it is important to note that there is a wide range of conservative beliefs regarding these issues, and individuals within the conservative movement may hold differing views.