Political Scientists,based on the Work of Max Weber,define the State

question 21

Multiple Choice

Political scientists,based on the work of Max Weber,define the state as

• A) a small regional unit within a country, found only under federalism.
• B) an organization that maintains a monopoly of violence over a territory.
• C) the basic rules and norms of politics.
• D) any condition that leads to political action.

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Definitions:

Budget Surpluses

A situation where a government's revenue exceeds its expenditures over a specific period, indicating financial health.

Annually Balanced Budget

A budget in which revenues and expenditures are equal within a single fiscal year, ensuring no deficit or surplus.

Contractionary Gap

A situation where the aggregate output in an economy is below its potential output, leading to unemployment and underutilized resources.

Government Spending

The total amount of public spending by the government, including expenditures on public services, healthcare, education, and infrastructure.