Explain How the Rules Governing the Electoral Process Help Determine

question 18

Essay

Explain how the rules governing the electoral process help determine outcomes.

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Definitions:

Private Sector

The part of the economy that is run by individuals and companies for profit and is not state controlled.

Consumption

The use of goods and services by households or individuals, representing the end-use of the production process.

Supply-Side Economists

Economists who believe that reducing taxes and regulation on businesses can stimulate economic growth by increasing supply.

Tax Rates

The percentage at which an individual or corporation is taxed by the government.