[fyi1183]

Those would be the literal meanings of the words, yes.

In practice, the fundamental difference is probably more about a person's radius of empathy (progressives tend to apply their empathy to a larger group of people), and then lots of vaguely related things flow from that, e.g. different outlooks on power (conservatives prefer a strong man - obviously only assuming he's from their own "tribe" - and therefore strongly tend towards authoritarianism) and economics (empathy with more people tends to make one prefer more equal distributions of wealth and income).

The terms progressive and conservative simply arose at a time when the world was largely shaped the way conservatives like. Since then, the world has changed more towards the progressive vision, so today conservatives do want to change creating things.