Step 1: Define the term.
Conservatism is a social and political outlook that favours keeping traditional institutions, values, and ways of life, and it is cautious about fast or radical change.
Step 2: Give its stance on change.
Conservatives are not fully against change, but they prefer slow, careful change that keeps continuity with the past, rather than sudden or sweeping reform of existing social, religious, or political structures.
Final Answer:
Conservatism is the outlook that favours preserving traditional values and institutions and is cautious about rapid change.