Examlex
Pluralism is the belief that only individuals and private groups should control a nation's political activities.
Capital Budget
A Capital Budget involves the planning and allocation of funds for long-term investments and infrastructure projects.
Two-Thirds Majority Vote
A voting requirement where at least two-thirds of the members present must agree for a proposal to pass, often used for significant decisions.
Transfer Payments
Payments made by the government to individuals for which no goods or services are provided in return, such as welfare benefits.
Budget Deficit
The situation where a government's expenditures surpass its revenue over a specific period, leading to borrowing or debt accumulation.
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