Demerits of Democracy More emphasis on quantity than on quality: Majority party holds the reins of government. Inefficient & corrupt‚ who have neither intelligence nor vision‚ get themselves elected. Rule of the incompetent Democracies are run amateurs. In it‚ every citizen is allowed to take part‚ whereas everybody is not fit for it. Locke calls it the act of running administration by the ignorant. He says that history records the fact that a few are intelligent. Universal adult
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A mixed market economy is one were decisions are created by producers and consumers‚ but the administration does have a position in the economy. Market forces conquer in mixed economies. Command economy is a planned economy‚ where the government regulates what is mass-produced and in what amounts. The individuals own the means of manufacture and decide what will be produced rendering a plan built upon what the state calculates to be people’s need and desire for various goods and services. mixed
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Free market economy stimulates greater economy growth‚ whereas state-directed or command economy stifles growth. Discuss. An economy can be defined as the production of the nation in a period and consumption of goods and services. The two main systems of economy are free market economies and command economy. There are lots of arguments about which is better for the growth of nation’s economy. This essay is about both the two economic systems and how they impact the growth of economies‚ it will
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Essay on Democracy – Its Merits and Demerits (free to read). The English word ‘Democracy’ is derived from two Greek words ‘Demos’ and ‘Kratia’ or ‘cratos’. Demos means crowd and ‘Kratia’ or ‘cratos’ means power. This is why the critics of Democracy have described it as Mobocracy. But in reality Democracy is not mobocracy but rule by majority of the people according to certain rules and regulations which are accepted by the people of a country. In the beginning there was direct Democracy.
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Economies are different throughout the world. Many countries have decided on similar economies to other countries. Two of these economic systems are market and command economies. These two economies are the two most common economies throughout the world‚ and are often compared and contrasted amongst countries. The first economy is known as a market economy. This economy is generally ruled by the people. The decisions of everyday civilians affect the economy daily‚ and can quickly change due to this
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Characteristics that describe who a Public Officer is. Public administration is the study of government policies. Public administration seeks the public good. It does that by ensuring a well-run‚ fair‚ and effective public service Public administration is carried out by public servants who work in public departments and agencies‚ at all levels of government‚ and perform a wide range of tasks Public administrators serve in many roles: ranging from "front-line" positions serving the public e.g
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Demerit point system Demerit points are added to your driver’s licence‚ if you are convicted of breaking certain driving laws. The rules are different depending on if you are a new driver or have a full licence. You don’t lose demerit points on your driving record. You start with zero points and gain points for being convicted of breaking certain traffic laws. They stay on your driving record for 2 years from the date you received the offence. For G1 and G2 level drivers‚ the licence is suspended
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Unleashing IT Winter 2013 Seize innovation‚ accelerate business‚ drive outcomes. All through the cloud. National reach‚ local touch In collaboration with Intel® How Doug Saunders of waste and recycling leader Republic Services strikes a balance between national efficiency and local delivery. Page 16 • CIOs reveal typical cloud journey • Healthcare organizations unify‚ transform IT Unleashing IT Seize innovation‚ accelerate business‚ Winter 2013 Perspectives and Solutions 03 New
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country’s freedom and how the Philippines achieved its freedom through peaceful means. One of the privileges of this acquired freedom is that we are able to have an economic system which is well known for its competition and consumer independence; the market economy. The government has absolutely no authority to interfere with the business activities of people. They also cannot control the choices of the consumers nor could they decide what the producers would manufacture; therefore‚ they also cannot predict
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ECO 203 Principles of Macro Economics 16.04.2012 My Understanding of Market Economy Market economy began to develop much earlier than Smith wrote his “Wealth of Nations”. Even in biblical stories‚ people were trading among each other and self-interest was the key factor of those economic relationships. However‚ industrial revolution has changed the way of the development of the economy and overall situation in the market place. Today‚ wealth can be produced without any difficulties but there
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