Power Is the Capacity of Getting Individuals to Do Something

question 14

Essay

Power is the capacity of getting individuals to do something that they may not otherwise do. Describe some ways in which a government uses power legitimately and ways in which it could use power illegitimately, if that is possible. Give an example of an improper use of power in our nation's history.

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Definitions:

Anticipated Growth Rate

The expected rate at which a company, asset, or economy is predicted to grow over a certain period of time.

Free Cash Flow

The amount of cash generated by a company after accounting for operating expenses and capital expenditures.

Market Capitalization Rate

The market-consensus estimate of the appropriate discount rate for a firm’s cash flows.

Corporate Tax Rate

The tax imposed on the net income of a corporation, varying by country and sometimes within jurisdictions of countries.