Explain the Difference Between Procedural Democratic Theory and Substantive Democratic

question 52

Essay

Explain the difference between procedural democratic theory and substantive democratic theory,

Understand the impact of the Dodd-Frank Wall Street Reform and Consumer Protection Act on financial services industry responsibility.

Recognize the foundational principles of business ethics initiatives like the Defense Industry Initiative.

Evaluate the influence of personal values from family, religion, and school on business decision-making.

Describe the societal and legislative reactions to unethical business actions.

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Definitions:

Low Income

Earning level below the poverty line or median income levels, often qualifying for governmental or nonprofit assistance programs.

Modern Presidency

The contemporary role and powers of the President of the United States, encompassing a wide array of responsibilities and public expectations.

Electoral Votes

Votes cast by members of the Electoral College, determining the outcome of elections for President and Vice President in the United States.

Popular Vote

The total number or percentage of votes cast by the general population in an electoral process.