The opposite of the rule of law is________________?
Correct answer: B. the rule of men
- A. anarchy
- B. the rule of men
- C. the rule of custom
- D. the rule of reason
Explanation
The rule of law subjects rulers and citizens to established, impersonal laws; its opposite is government according to the arbitrary will of particular people, called the rule of men. Anarchy means absence of government altogether, which is not the precise opposite here.
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Government revenue and expenditure are analysed through taxation, public borrowing, budgets, subsidies, transfers and public debt. The topic explains how fiscal policy affects resource allocation, income distribution, economic stability and growth, while distinguishing direct from indirect taxes, progressive from regressive taxation, and public goods from goods supplied by private markets.
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