¶ … branches of democratic governments create a balance of power, disallowing any one branch to amass or wield disproportionate power. Branches of government also ensure role clarity and stability in the separation of powers. Each branch serves a role, and that role is mitigated by the roles of the other branches. The executive branch of the government refers to the heads of state in charge of implementing the policies and laws enacted by the legislative branch. An executive branch typically performs roles not expressly or officially outlined such as administering to the people, providing public relations services, and serving as figurehead. For instance, an executive branch of government presumes powers related to not only executive, authoritative decisions but also matters linked to foreign affairs and macroeconomic concerns.
The legislative branch of government concerns itself primarily with the execution and creation of laws, policy, and legislation. Laws, policy, and legislation tend to reflect the prevailing needs, concerns, fears, and wants of the constituency. Therefore, the legislative branch of a democratic government should ideally be the most representative aspect of the democracy versus the executive branch, which may or may not be directly elected by the voting public. Finally, the judicial branch of the government enforces the laws that have already been ensconced. Generally, the federal governments' judiciaries uphold the supreme laws of the land such as the Constitutional dicta. The judicial branches of government extend into more localized affairs, as do the legislative and executive branches.
Presidential, semi-presidential, and parliamentary systems share many elements in common and yet structurally they differ in significant ways. The role of the executive branch of government will vary depending on the type of system. For example, a semi-presidential system will often exhibit a diversification of roles between the president and the prime minister. In some cases, the president will concentrate on foreign affairs, whereas the prime minister will focus on domestic matters. In other cases, the manner in which these officials are either elected or appointed is more meaningful than the roles they respectively assume. Parliamentary systems are distinguished by the fact that the voters directly elect members of parliament in their jurisdiction or ridings. Yet those voters do not elect a person. The head of the political party becomes the prime minister, in a system wholly different from that of the presidential system in which voters actually do cast their ballots for the specific person.
Advantages and disadvantages of these respective systems relate to responsiveness to majority rule, protection of minority rights, and effectiveness of passing legislation. There are clear pros and cons of each, with parliamentary systems tending towards the ability to protect minority rights due to the representation in parliament of minority voices. Yet parliamentary systems support a cacophony of voices that could preclude effectiveness of passing legislation.
2. At its theoretical extreme, a free market economy is one in which there is no government regulation, and all transactions were governed solely by market forces. A command economy, in contrast, is one where everything in the economy is run by the government. Neither one makes any sense in the extreme. In the real world, a free market economy comes with constraints that do not exist in the theoretical one, such as information asymmetry, that create market distortions. Moral hazard in particular comes into play. In the free market economy, the individual is to fend for himself or herself, and ultimately is going to suffer for that. The individual does not have the capacity to gather all relevant information about a product. If, on the macro level, a company selling an unsafe product goes out of business, it will still take a lot of negative experiences and time before information about the unsafe product is disseminated and the market correction can occur. The premise of the free market relies on information being perfect and flowing freely, but in practice this is never the case.
The upside of the free market is that information flows better than in a command economy. The market makes its corrections more quickly than would occur in a command economy, because all market participants make market decisions. The result is that the free market economy is a more efficient economy, where prices more closely reflect demand, and where utilization of resources more closely reflects efficient usage.
The command economy, in contrast, is incredibly inefficient. The amount of work it takes to gather information and then make decisions based on that is very high. Economic systems are incredibly complex, and continuously changing. A command economy in practice typically relies on a very small percentage of market participants to make the key decisions....
Country Development: Economic, Social, Political, And Moral On a very basic level, development means 'growing.' In the language of political science, development is often referred to in terms of 'developed' and 'least developed' countries. Development has thus become synonymous with industrialization, and being able to provide a certain level of material comfort for all citizens. Poverty may be common to all nations, but 'least developed' countries have entrenched forms of poverty
Economic Inequality There are certain specific factors associated with the rich. As along as one can afford decent shelter, sumptuous meals; better education and access better health care then such a person cannot be said to be poor. It is so natural for the rich to remain healthy and live longer than the poor. They lead an easy life, for instance, it is unheard of for a business executive to go
Ethiopia and their effect on U.S. Interests REASONING ASSESSMENT OF ISSUES IN ETHIOPI Cultures within Ethiopia Ethiopia and their ability to influence a Local Issue 5 Ethiopia Influence on Regional Issues Issues in Ethiopia and their effect on U.S. Interests interests inside the Combined Joint Task Force-Horn of Africa Area of Operations This essay explores Ethiopia and the elements of reasoning, assess the cultures within Ethiopia and their ability to influence an issue of local, regional,
South Sudan gained independence from Sudan in 2011, but has been embroiled in civil conflict ever since. This instability has hampered the ability of the country to lay the groundwork for developing its economy. The evidence shows that there is a pathway to economic development, even for the least-developed country, and this paper will elaborate on what those steps might be. South Sudan is a landlocked country of 12.5 million people
"The explosive growth of the global economy threatens the natural systems that sustain life on Earth. Despite some significant successes in reducing industrial pollution and increasing efficiency, globalization is devastating natural habitats, speeding global warming, and increasing air and water pollution" (Anonymous). It is in the nature of such an economic globalization to cause negative effects. Globalization has its benefits as well which hold substantial weight. Advocates for economic globalization
Economics - Country Analysis Country Overview and Current Events (News) Ethiopia, traditionally known as Abyssinia, is a landlocked Sub-Saharan country located at the Horn of Africa in East Africa, bordering Somalia, Kenya, Eritrea, Djibouti, Sudan, and the newly-created South Sudan. It covers approximately 1,126,829km2 of land; about the size of the state of Texas, and was, until the split of Sudan, the second-largest country in Africa. Being landlocked, Ethiopia largely relies on
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