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Jack owns a 10% interest in a partnership (not real estate) in which his at-risk amount is $42,000 at the beginning of the year.During the year, the partnership borrows $80,000 on a nonrecourse note and incurs a loss of $60,000 from operations.Jack's at-risk amount at the end of the year is $44,000.
Political Efficacy
The belief that one's actions can influence political processes and that participation in politics can bring about change.
American Democracy
A form of government in the United States characterized by a system of representation, rights, and freedoms for its citizens.
Citizen Participation
The involvement of individuals in political, economic, and social decisions that affect their lives.
Citizenship
Citizenship is the status of being a legally recognized subject or national of a state, with associated rights and obligations.
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