Local party organizations .a. are more powerful today than at any time in history. b. are still important, but their role in congressional, statewide, or presidential campaigns is secondary to that of candidates. c. are unimportant in the political system today. d. have more power than their western European counterparts. e. typically concentrate on elections that are not defined by local boundaries.

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when a country suffers, for example, a drought period, the market product is affected for a low offer, in this case, potatoes; the government has to tax to the households, which have to give more money for the potatoes which they consume, that situation make them consume substitute goods even through loans, it could increase the financial market movement and the inflationary phenomena, the business has to increase salaries in order to the employees could buy a more expensive food (potatoes) and in order to inflation tha business had to buy expensive supplies in the factor market, while the rest of the world have to gain more money to consume the same amount of potatoes.

answer: capitalism and socialism are formal economies. the major differences between capitalism and socialism revolve around the role of the government and equality of economics. capitalism affords economic freedom, consumer choice, and economic growth.

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