Category: Government

Government is an academic field which study political processes, institutions, and political structure, public policy and the decision-making of government.

Government studies how political power is acquired and exercised, and how it affect citizens

Government

Making Laws: Understanding the Six Stages of the Lawmaking Process

Written by Joshua

The role of the legislature in shaping the future of a country cannot be overstated, as it is the arm of government that is responsible for passing laws that govern the social, economic, and political aspects of a country.

However, the process of turning bills into laws is complex and rigorous since a bill must go through a series of procedures before it becomes law.

In this article, we will delve into the fascinating and intricate process through which a bill becomes law.

Typically, a bill passes through six stages before it becomes law: presentation and first reading stage, second reading, committee stage, report stage, third reading, and assent stage.

Government

Socialism – Meaning, Features, Advantages and Disadvantages

Written by Joshua

Socialism is an economic and political system where the government owns the means of production, distribution and exchange.

It is a political ideology that advocates for the collective or government ownership of productive resources.

Socialism can also be defined as an economic arrangement in which there is social ownership and regulation of the means of production, wealth distribution, and exchange.

Instead of private ownership of productive resources, socialism emphasizes public and collective ownership and control of productive resources for the economic equality of society.

Socialism aims to promote equity and fairness among all members of society by allowing the government to control the production, distribution, and exchange of goods and services.

Government

A Comprehensive Guide to the Meaning, Features, Advantages, and Disadvantages of Capitalism

Written by Joshua

Capitalism is a political and economic system in which the means of production, distribution and exchange are owned, controlled and managed by private individuals.

It is an economic system characterized by private ownership of the means of production, distribution, and exchange.

In capitalism, there are free markets, and people are allowed to make economic decisions with the sole aim of making profits.

That is, people are free to can set up businesses using land, factories, and other productive resources and make a personal profit.

Capitalism means that productive resources are privately owned by individuals, and there is an absence of government interference.

It is important to note that capitalism is also called a free market economy, or free enterprise economy.