Discuss the Various Advantages and Disadvantages of Say Having the Government

question 53

Essay

Discuss the various advantages and disadvantages of say having the government using the Rule-Based System to justify all decisions made from various perspectives (e.g. ,economic responsibility,social responsibility,etc. ).What would be the advantages and disadvantages? Would this make our government more efficient (effective)or less efficient (effective)?

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Definitions:

Bank Loans

Financial borrowings from a bank that need to be repaid with interest.

Partnership

A business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Deed.

Legal Status

The standing of an entity or individual under the law, determining their rights, responsibilities, and liabilities.

Volunteer Work

involves performing tasks or providing services for the benefit of others or the community, without financial compensation.