Some of the important functions of the Lok Sabha include:
- 1) Legislative Function'
- 2) Financial Power:
- 3) Executive Control:
- 4) Electoral Function
The Lok Sabha has the functions of making the law, controlling finances, introducing money bills, and serving as a check and balance to the Executive, and also electoral functions.
<h3>What is the Lok Sabha?</h3>
This refers to the lower house of India's bicameral Parliament and is in charge of making laws and other legislative functions, with the upper house being the Rajya Sabha.
Hence, we can see that they have four main functions and they are:
- 1) Legislative Function'
- 2) Financial Power:
- 3) Executive Control:
- 4) Electoral Function
Read more about the legislature here:
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Cultural diffusion. Cultural diffusion is how all religion spreads.
Answer:
North Korean economy is centralized planned economy, North Korean economic activity is control by its government and its majority of economic budget is received by North Korean military.
Explanation:
North Korean economy is based on a centrally planned arrangement, where the purpose of market allocation plans is restricted, although rising. As of 2020, North Korea remains its basic adherence to a centralized command economy.
North Korea's economy is strictly commanded by its government. the state regulates all means of production, and the government establishes preferences and importance in economic growth.
North Korean military received the majority of its country's budget because of ongoing tension between the South and North Korea and of-course because of North Korea's nuclear missiles programs.
The answer to the question is: the Economic Recovery Tax Act of 1981. It is known as ERTA or Kemp-Roth Tax Cut. It encourages economic growth though reducing individual tax rates by twenty-five percent, the charging of depreciable properties, incentives from businesses and other incentives.
