The transitional period between the dominance of one party or another is called_______________?
Correct answer: A. realignment
- A. realignment
- B. dealignment
- C. alignment
- D. derailment
Explanation
A realignment is a major shift in the regular support of voters between political parties, often involving a transition from one party's dominance to another's. Dealignment instead refers to weakening attachment to established parties.
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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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