would even be dangerous"(Hamilton 84). He went on to conclude that the seat of the national government would be distant from most parts of the country‚ because of America’s large size. It would be difficult for citizens to keep track of what was going on. It would be hard to check up on their representatives and would
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The political elements played an enormously important role during the time period 1820-1840. Between the presidency of both Thomas Jefferson in 1800 and Andrew Jackson in 1828‚ American culture and politics were transformed as democracy appeared to suffuse every aspect of them. The growth of democracy caused a significant political consequence; the expansion of suffrage to include virtually all men by the removal of property requirements. The removal of property requirements proved to be controversial
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THE RATIONALE OF ECONOMIC REFORMS – CRISIS OF 1991 Domestic Economy: 1. There was inefficient management of the Indian economy in the 1980s. The govt expenditure was more than the govt. revenue. Govt. was not able to generate sufficient revenue from internal sources such as taxation. 2. To finance the deficit the government borrowed heavily from banks‚ people of the country and international financial institutions. 3. Development policies required that even though the revenues were low‚ govt
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Coming to the issue of the impact of the new economic policy on the vulnerable sections‚ Rangarajan argues‚ "analytically‚ we need to address two sets of issues. One is whether the new economic policy affects in any way the specific policy measures that we normally undertake in order to improve the conditions of the poor. Second‚ is there anything in the new economic policy which per se has an anti- poor bias? The new economic policy which may be a convenient expression to refer to the measures
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of the national government and the state government to share power. All of the governments have a power and each one of those powers give an important role‚ or an important part. The National Government has the Enumerated Power where they set up federal courts etc. The State Government has the Reserved Power where they established public school systems etc. The State and Federal Government has the Concurrent Power where they enforce the laws etc. Federalism was divided into three government/ powers
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Having a government that contains energy‚ stability and republican liberty might not seem that hard if one of these three ingredients are present‚ but if two or more are present in government it is where the difficulty begins. It is hard to fit all these three characteristics into one government because they do not blend together. Publius describes the need for energy and stability in the new government while at the same time maintaining the republican liberty. The 1787 Constitution achieves these
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The French and Russian Revolutions (1789 and 1917‚ respectively) were two violent uprisings that brought several issues that had been ignored by the monarchies of their respective states to the forefront of politics and discussion. One issue that was‚ at some points‚ overlooked by the revolutionaries of both time periods was the issue of gender equality and women’s rights. The response from revolutionaries during these time periods were‚ at times‚ halting and somewhat exclusive towards their female
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NATIONAL INCOME AND ECONOMIC WELFARE 8.1 INTRODUCTION National income is a measure of production activity. So‚ a higher national income overtime should mean more production and more availability of goods and services to the people. Should more goods mean that people are better off? Are they better of in physical terms‚ or in psychological terms or both? Are there things other than national income which also contribute to the feeling of better off among people ? Are their things counted in national
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________________________________________ Bismarck’s Foreign Policy 1871-1890 Events 1873 Formation of the Dreikaiserbund 1878 The Congress of Berlin 1879 The Dual Alliance 1881 The renewal of the Dreikaiserbund 1887 The Reinsurance Treaty. Key point: Diplomatic genius guided by the principles of keeping France isolated and remaining on good terms with both Austria and Russia. Introduction: Bismarck had defeated each of his enemies – Denmark‚ Austria‚ and France – in isolation. He realised
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Competitive Strategies and Government Policies Externalities are defined as decisions of consumption‚ production and investment made by individuals or businesses that affect third parties not involved directly in the transactions. The governments intervene in the economy to deal with externalities. Pollution is the most common examples of the negative effects of externalities. Some companies make decisions based on the costs and benefits without considering the indirect costs accepted by the victims
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