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Psychology is the fulcrum on which political economy exerts its force in studying decision making (not only in prices), but as the field of study whose assumptions model political economy. Geography studies political economy within the wider geographical studies of human-environment interactions wherein economic actions of humans transform the ...
Term Description Examples Autocracy: Autocracy is a system of government in which supreme power (social and political) is concentrated in the hands of one person or polity, whose decisions are subject to neither external legal restraints nor regularized mechanisms of popular control (except perhaps for the implicit threat of a coup d'état or mass insurrection).
This model of the constitutional economics is based on the understanding that it is necessary to narrow the gap between practical enforcement of the economic, social, and political rights granted by the constitution and the annual (or midterm) economic policy, budget legislation and administrative policies conducted by the government.
Constitutional economics is a research program in economics and constitutionalism that has been described as extending beyond the definition of "the economic analysis of constitutional law" to explain the choice "of alternative sets of legal-institutional-constitutional rules that constrain the choices and activities of economic and political ...
The public problems that influence public policy making can be of economic, social, or political nature. [33] A government holds a legal monopoly to initiate or threaten physical force to achieve its ends when necessary. For instance, in times of chaos when quick decision making is needed. [34]
This is an accepted version of this page This is the latest accepted revision, reviewed on 12 January 2025. Activities associated with group decisions For other uses, see Politics (disambiguation). Part of the Politics series Politics Outline Index Category Primary topics Outline of political science Index of politics articles Politics by country Politics by subdivision Political economy ...
Identifying a form of government is also difficult because many political systems originate as socio-economic movements and are then carried into governments by parties naming themselves after those movements; all with competing political ideologies. Experience with those movements in power, and the strong ties they may have to particular forms ...
Participatory decision-making can take place along any realm of human social activity, including economic (i.e. participatory economics), political (i.e. participatory democracy or parpolity), management (i.e. participatory management), cultural (i.e. polyculturalism) or familial (i.e. feminism).