Encouraging youth to vote is an important initiative and it is the biggest problem to be addressed. especially in developing countries, the youth population is more but participation in elections is less.
Thomas Jefferson says that " <u>we do not have government by the majority. We have government by the majority who participate</u>" - it means the participation of broadminded is necessary
Here are some points to be addressed to encourage youth to vote
- Firstly and mostly conducting fair elections is important which should attract a positive impression on election among youth.
- Providing political education in academics
- Encouraging and participating youth in conducting and processing elections
- Conducting mock parliaments in educational institutions so that youth indirectly learn politics
- Simplifying the process of registration, voting, etc.
- Finally remembering the great freedom fighters as a role models to young to participate in elections.
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Answer:
Assurance of future profits
Explanation:
Budgeting refers to estimating a future cost or revenue as on today so as to reduce business uncertainty and achieve planned goals. For example, budgeted costs reveal the estimated costs that would be incurred in the near future.
Budgeting is based upon past figures and current trends so as to estimate the future prospects of an activity under consideration. Such an activity reveals the course of action and aids better planning for the future.
For instance, a cash budget reveals the cash surplus or defict which shall arise in the near future and such a budget draws a firm's attention towards the funds it will require in the near future and from what sources those can be raised.
Since budgeting is an estimate and cannot account for unforeseen business events whose indications did not exist at the time of preparing such budgets, it's results cannot guarantee or assure future profits to a business. It's purpose is to reduce uncertainity, it cannot altogether eliminate uncertainity.
When you set aside money for your child's education, even before they are born, it is called Long-term goal.
Long-term goals refer to goals that you wan tot achieve in future, meaning that the culmination or achievement of them is not an immediate requirement. These goals are usually set keeping in mind a stability and security for the future.
The minimum requirement for a long-term goal should be more than one year, the upper limit can be set by the consumer. Although, one invests in them for security, yet there is more uncertainty to these goals because of the varying market trends.
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