GBR - LECTURE 1

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  1. IS GOVT CRITICAL TO BUSINESS?
    YES
  2. POLITICS IS A WAY OF _____ POWER
    MANAGING
  3. POLITICS IS IMPORTANT TO _____ THE ROLE OF GOVT & BUSINESS
    UNDERSTANDING
  4. IS THE GOVT BIGGER THAN THE STATE?
    NO
  5. THE STATE IS A ____ LEGAL ENTITY
    PERMANENT
  6. IS THE STATE NON-PARTISAN?
    YES
  7. STATE AUTHORITY IS EXERCISED THROUGH THE _____
    GOVT
  8. EXPLAIN POLITICAL 'LEFT' (3 POINTS)
    • SOCIALISM
    • CHAMPIONS EQUALITY
    • PUBLIC WELFARE
  9. EXPLAIN POLITICAL 'RIGHT' (3 POINTS)
    • CAPITALIST
    • CHAMPIONS INDIVIDUALISM
    • PRIVATE WELFARE
  10. EXPLAIN LIBERAL DEMOCRACY
    POLITICIANS ARE REPRESENTATIVES OF PEOPLE AND ARE ELECTED BASED ON COMPETITION AND ELECTORAL CHOICE
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GBR - LECTURE 1
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GBR - LECTURE 1
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