for an elastic good the quantity demanded will fall. This is affected by how many close substitutes there are for the good and if the good is a luxury good (jewelry) or a necessary good (food). If the price of a certain type of cheese increases‚ less will be demanded because there are many substitutes available such as other brands of cheese. The inelasticity of demand is applicable when referring to goods which have few if any substitutes‚ super bowl commercials are an example of an inelastic good
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China is a state with unitary political system. In other words‚ there is not a division of legislative power between the central government and the provincial governments in China. The national legislative power is exercised by National People’s Congress (NPC) and the Standing Committee of National People’s Congress. Among which: NPC is in charge of making the criminal law‚ the civil law‚ state organ laws and other basic laws. The Standing Committee of NPC is in charge of making and revising the
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What is a Russian "State Unitary Enterprise"? commercial organization‚ is not endowed with ownership assigned to the owner of her property. The property of the unitary enterprise is indivisible and can not be spread on deposits (shares‚ shares)‚ including among the employees of the enterprise. In the form of unitary enterprises can be created only by state and municipal enterprises. See the Municipal Unitary Enterprise. Charter of the unitary enterprise must contain‚ besides the information which
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type of government that is way better than the others. In a unitary government the entire country is controlled as one and the government has all the power. In a confederate government the individual states have a lot of independence and there is a weaker and limited central government. A federal government is between unitary and confederate where the individual states still have power but the central government also has power. A unitary government does not allow the individual states to have any
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A unitary government is basically centrally powered and regulated. A unitary government is under one system and it controls and enforces all laws. China is another example of a unitary government which is controlled by a communist party. A lot of unitary governments don’t really have anything similar to a constitution and most of those countries don’t have a diverse culture.
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The court of directors on 12th April 1786 directed the Cornwallis to vest in one person the revenue‚ judicial‚ and magisterial functions. Cornwallis followed the ordered and introduced plan of 1787. In this plan Cornwallis increased the salaries of collectors. 2nd He reduced the number of Diwani districts from 36 to 23 and this made it possible to increase the salaries of collectors. The scheme was introduced through 2 Regulations. First Regulation dealt with Revenue Administration and it
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government and the state government. Before a federal government in the United State‚ it was only two types of government; unitary and confederate. Looking at history‚ I agree that the federal structure fits the United States better than any other structure. What is a unitary and federal government? A federal government is when the power is divided between national and state. However‚ unitary government is when the national government controls the entire state. There are other types of government such as
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The three different systems of government have varying advantages and disadvantages. Unitary governments are often described as centralized governments. It is a government in which all powers are held by a single‚ central agency. Most governments in the world are unitary. A Federal government is one in which the powers are divided between a central government and several local governments. The United States is an example of a Federal government. A Confederate government is an alliance of independent
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shared between two political powers and are exercised on two levels of government. There are several distinguishing deference’s between federalist‚ unitary‚ and confederation government structures. Federal states may be created in one of two ways · Separate political units may decide to join together in a political partnership. ·An existing unitary government may choose to disperse. In a federal system‚ each citizen is subject to two governments: the national or federal governments and the regional
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Consequences of the Unitary Executive Theory The unitary executive theory argues that the president of the United States has complete executive power that is unchecked by the Legislative branch and the Judicial branch. This controversial theory has been invoked repeatedly by the Bush administration and previous presidents such as Nixon and Franklin Roosevelt in justification of their boldest actions‚ both at home and abroad. The negative consequence of the unitary executive theory are
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