Government policies affect market economies in numerous ways. The largest areas of government intervention in the economy are through Fiscal and Monetary Policy. Fiscal Policy is when the government decides to use revenues obtained through taxation to influence the economy. An example of this is when the US Government bailed out failing financial institutions in 2008 after the financial collapse by using citizens tax dollars to influence the economy. Monetary policy is when the government uses control of the money supply to influence the economy. An example of this is when the US Government buys or sells U.S. Treasury bonds at different rates to increase or decrease the amount of money in supply which influences interest rates and the overall economy. Another example by which the U.S. Government influences the "free market" is by imposing tariffs and quotas on US imported goods. These are essentially barriers or taxes on goods entering the U.S. Market. An example of this could be a 5% Tax on (x) good that is imported from China.
Democratization is the introduction of a democratic system or democratic principles.
In a general sense, corruption occurs due to human imperfection. Governments are as imperfect as the humans who create them. More specifically corruption occurs when the general, public interest is in a conflict with private or individual interests. Unfortunately, it is extremely easy for many types of government to become corrupt and democratic republicanism is not the exception. It usually happens when powerful individuals enter government in order to further their own agendas in detriment of the public good. Most of these men regroup in order to strengthen their position and bribe or silence those who oppose them. They manipulate public opinion with the help of other financially powerful groups and encourage policies and the creation of laws that advance their own profits while causing harm to the overall constituents. Sometimes the corruption is ideological and usually is both. Most times, ideological reasons are actually a façade for plain and simple greed and power hunger which is more pathological than intellectual.
With regards to the Harding Administration, domestic policy was very similar to the domestic policies of the current administration. Harding did not indulge in nepotism but in cronyism, which is sort of “<u>nepotism for friends</u>”. As a business man in Ohio he had built an extensive network of friends within his own company and other companies. This allowed him to organize with them to further their own interests. The fact that he controlled a journal was also part of the issue as he used his journal to shape public opinion at the state and local level. When he became president of the USA, he brought with him many friends that he appointed in several positions of power in the federal government and his cabinet. Some of them turned out to be quite efficient and respected but many others were quite mediocre and belonged to Harding’s business circles back in Ohio. The best example of this is the Teapot Dome Scandal. Where members of his cabinet were Harding’s Secretary of the Interior Albert Bacon Fall was convicted of taking bribery from oil companies yet no oil company executive was ever convicted for the bribery. This person was part of what was then called The Ohio Gang.
Answer:
Society came first, then the Government
Explanation:
The original family, Private Property and the state, Friedrich Engels outlines the development of human societies from early tribal organization up to the first government.
Answer:
Actually, founded in 1901, the Socialist Party grew rapidly in the years before World War I, claiming 113,000 members in 1912, making it, briefly, one of the largest socialist movements in the world. The SP won more than 900,000 votes in elections in 1912 and again in 1920. The movement's strength was evident also in the hundreds of party affiliated newspapers and the election of mayors, council members, and other officials in more than 300 cities. The Red Scare that began in 1917 and the loss of the majority of members to the two communist parties founded in 1919 severely damaged the movement, but through the 1920s and 1930s the SP enjoyed significant strength in some states and cities.
Explanation:
