The state has the following relationship to force__________________?
Correct answer: C. it has a monopoly on it
- A. it shares it with the citizens
- B. it lacks it completely in democracy
- C. it has a monopoly on it
- D. it gives it up to the people
Explanation
A defining feature of the state is its claimed monopoly over the legitimate use of physical force within its territory. Democracies may limit and regulate that force, but they do not eliminate the state's authority over it.
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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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