In a Time of Crisis, Should the Federal Government Be

question 130

Essay

In a time of crisis, should the federal government be allowed to give itself extraordinary legal powers even if they violate individual rights? Explain your answer.

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Definitions:

Contribution Margin

The amount of revenue left after deducting all variable costs, indicating the contribution towards covering fixed costs and generating profit.

Fixed Expenses

Costs that do not change in total regardless of changes in the level of business activity.

Financial Advantage

The benefit or edge obtained by a business or individual that puts them in a better financial position than others.

Variable Costs

Costs that shift in direct correlation with production or sales figures, notably direct labor and raw materials.