The political process_______________?
Correct answer: A. allows those representing minority views to try to become the majority
- A. allows those representing minority views to try to become the majority
- B. favors those representing majority views
- C. allows those in positions of power to ignore the peoples wishes
- D. none of the above
Explanation
A democratic political process gives minority groups the opportunity to persuade voters and become the majority. It is not limited to simply favouring views that are already held by the majority.
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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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