Moderate

Whenever a third party becomes significant its platform _______________ ?

Correct answer: B. is integrated into the platforms of the two main parties

  • A. is rejected by the two main parties
  • B. is integrated into the platforms of the two main parties
  • C. is declared unconstitutional
  • D. becomes a social movement

Explanation

A significant third party can pressure the two major parties by introducing popular issues or policies, which the major parties may then adopt in their own platforms. This helps them attract the third party's supporters.

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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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