INTRODUCTION Politics and stintings be powerful, intertwined forces shaping everyday policies and earthly concern lie ins. The view that politics and economics are nigh linked is neither new nor unique. Although the United States is often exposit as operating low a capitalist economic system, it is much accurately described as a assorted saving, a system in which the government, while not dogmatic the economy, is free deeply involved in economic decisions. at once we live in a global economy with every last(predicate) its enigmas and opportunities. multinational corporations-businesses with vast holdings in many a(prenominal) countries such as Disney, Coca-Cola, and Microsoft-dominate the worlds economy. Because voters are sensitive to economic conditions, the parties must pay pixilated maintenance to those conditions when selecting their policies. Voters often judge officeholders by how well the economy performs. This chapter explores the economy and the publ ic policies dealing with it. GOVERNMENT, POLITICS, AND THE ECONOMY Wal-Mart, the worlds largest company, is close to as big as the economy of Saudi Arabia and more than half the size of Australia. governing regulation affects the way Wal-Mart does business, and the employment and investment funds practices of Wal-Mart has a potent effect on the U.S. economy. About 1.4 million people crap for Wal-Mart. Workers there and nearly everywhere are entitled to the tokenish wage. Its workers also have a right to join alabor union, a workers organization for bargaining with an employer. offshoot guaranteed by law in 1935, labor unions engage in collective bargaining about wages and working conditions with their employers under rules controlled by the National turn over Relations Board. The problem of unemployment is one component of policymakers regular economic concern. Measuring how many and what types of workers are unemployed is one of the study jobs of the Bureau of ho llow Statistics (BLS) in the Department of L! abor. Some economists take exception the...If you hope to get a full essay, order it on our website: OrderCustomPaper.com
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