President Ronald Reagan rejected the theory of Keynesian economics, this theory proposed by John Maynard Keynes, embodied in his work General Theory of Employment, Interest and Money, published in 1936 in response to the Great Depression of 1929, the central principle of this school of thought is that state intervention can stabilize the economy, Keynesianism is one of the best-known economic theories, its main characteristic is that it supports interventionism as the best way out of a crisis and as a mechanism to stimulate demand and regulate the economy in times of depression.
Answer: The Party Platform or Manifesto
Explanation:
The Party platform or manifesto is a collection of a party's or individual policy goals which is usually presented in an attractive way to gathered the backing and votes of the general public. It could also be referred as a collection of aims, goals and objectives, a political party and its candidate seeks to achieve while in office.
The word Party platform is a combination of the two word party and platform. Hence, it derive its politically meaning from the idea that a particular candidate could leverage on a platform to gather public support towards he/she political goals and ambitions.
Aside selection of party nominees for various government positions, the approval and enactment of the party platform is one of the major reasons national party convention hold at specific period depending on the party involved.
An example of a Party Platform is the famous The Ninety-Five Theses of Martin Luther in 1517.
<span>He would be called an ecologist. And the study of ecosystems is called ecology
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Answer:
A protection racket is a scheme where a potentially hazardous group guarantees protection from violence, looting, raiding, piracy, and other such threats posed by them outside the sanction of the law, to polities, businesses, individuals, or other entities and groups that pay to them in cash or kind. In other words, it is a racket that sells security, traditionally physical security. Through the credible threat of violence, the racketeers deter people from swindling, robbing, injuring, sabotaging or otherwise harming their clients. Protection rackets tend to appear in markets in which the police and judiciary cannot be counted on to provide legal protection, because of incompetence (as in weak or failed states) or illegality (black markets). Protection rackets are indistinguishable in practice from extortion rackets and distinguishable from private security by some degree of implied threat that the racketeers themselves may attack the business if it fails to pay for their protection. A distinction is possible between a "pure" extortion racket in which the racketeers might agree only not to attack a business and a broader protection racket offering some real private security in addition to such extortion. The criminals might agree to defend a business from any attack by either themselves or third parties (other criminal gangs). However, in reality, that distinction is doubtful, because extortion racketeers may have to defend their clients against rival gangs to maintain their profits. By corollary, criminal gangs may have to maintain control of territories (turfs), as local businesses may collapse if forced to pay for protection from too many rackets, which then hurts all parties involved. Certain scholars, such as Diego Gambetta, classify criminal organizations engaged in protection racketeering as "mafia", as the racket is popular with both the Sicilian Mafia and Italian-American Mafia.
Explanation:
A protection racket is an operation where criminals provide protection to persons and properties, settle disputes and enforce contracts in markets where the police and judicial system cannot be relied upon. Protection racketeers or mafia groups operate mostly in the black market, providing buyers and sellers the security they need for smooth transactions; but empirical data collected by Gambetta and Varese suggests that mafia groups are able to offer private protection to corporations and individuals in legal markets when the state fails to offer sufficient and efficient protection to the people in need. Two elements distinguish racketeers from legal security firms. The first element is their willingness to deploy violent forms of retribution (going as far as murder) that fall outside the limits the law normally extends to civilian security firms. The other element is that racketeers are willing to involve themselves in illegal markets
