Task: Explanation
Input (English): Distributism (also known as distributionism or distributivism) is an economic ideology that developed in Europe in the late 19th and early 20th century based upon the principles of Catholic social teaching, especially the teachings of Pope Leo XIII in his encyclical "Rerum novarum" and Pope Pius XI in "Quadragesimo anno". Many Christian Democratic political parties have advocated for distributism in their economic policies. Question: When was the economic ideology that created the framework for social credit developed? Answer: late 19th and early 20th century
Output (English): Distributism also known as distributionism or distributivism is an economic ideology that developed in Europe in the late 19th and early 20th century based upon the principles of Catholic social teaching, especially the teachings of Pope Leo XIII in his encyclical Rerum novarum and Pope Pius XI in Quadragesimo anno.