The Democratic Ideal Is That Public Opinion Should Shape Government

question 52

Essay

The democratic ideal is that public opinion should shape government policy. What are the most effective means for determining public opinion on a given issue? What flaws are inherent in each method of determining public opinion?

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Definitions:

Bid Price

The highest price that a buyer is willing to pay for a security or commodity in the financial markets.

Purchase

The action of acquiring ownership of goods or services through the exchange of money or other forms of payment.

Security

A financial instrument representing an investment in stocks, bonds, or any other financial asset that provides ownership or debt rights to holders.

Initial Public Offerings

The first sale of stock by a private company to the public, often referred to as going public.