Saturday, March 21, 2009

Politics For Beginners

I'm surprised by some of the people that I encounter every day who know nothing about politics. Everyone should know how your government so I'm writing my old notes from college as a beginner's guide. How is the credit that some of you are too busy and confused by the political situation and the criticism of the government in financial matters and loans. This is why everyone should take a little time to understand why the Government rolls and affecting everything from home insurance to their grocery bill. 

The United Kingdom is run by a democratic government. The House of Commons and House of Lords hold in check the government, although the House of Commons is the most powerful of the two houses. 

We live under the title "Prime Minister" state - this means that the rule of one person. 
The power of the PM depends on five key factors. 

- The personality of the late 
- Majority of the PM is in the House of Commons 
- The success of the evening 's policies 
- The unit of the evening 's Party 
- The effectiveness of the opposition party 

Unlike America, where there is a vice president in the United Kingdom there is no constitutional role as Deputy Minister. 

The Prime Minister is the leader of the House of Commons. Appoints and dismisses members of the government. He is also President of the Council of Ministers. The Prime Minister has his offices and advisers and is the most important representative of the Government. The PM has extensive powers of patronage and also decide the date of the general election. 

Now a little about the economy. There is no excuse for not paying attention to this part if the news coverage of the credit crunch that has left perplexed. Economics is the study of the use of scarce resources as efficiently as possible so that the unlimited demand for goods and services can be met. 

The term that is often heard on the news "public sector" refers to the sector addressed by the State Government departments, Local Government and nationalized industries. The main role of the public sector is providing adequate and efficient. 

The term "private sector" refers to organizations that are privately owned, such as companies, clubs, associations etc. The primary role of the private sector is to maximize profits. 

Recession is a state of things that indicate a shift in the economic cycle. Production and investment has declined, demand has fallen and unemployment has risen. This may be caused by a number of factors ie, external factors, such as in a world oil crisis. 

Reflation is a policy to combat recession. The policy can include reducing interest rates, lowering taxes, increasing government spending and currency devaluation.

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