Question

In: Economics

Assuming you are eligible to vote in the election in November 2020, what issues are important...

Assuming you are eligible to vote in the election in November 2020, what issues are important to your election decision and why? Is foreign policy important to you relative to other issues?

Solutions

Expert Solution

Due to pandemic situation the wise choice of government has become essential for the survival and revival of the economy.

IMPORTANCE-classification can be made on the following basis to cast the vote and for the economic development.

  1. to decline the national unemployment rate
  2. to provide assistance to the business sectors for the compensation of loss due to lockdown
  3. to manage the speculation in the stock market and ensure the stability in the financial market.
  4. to prepare the economy for the after pandemic period
  5. to ensure the safety against the collapsing of banks due to increasing NPA and debt crisis.
  6. to provide effective and efficient medical services to the citizens.

there should be a balanced approach towards the decision making concerned with the domestic and foreign aspects.

  • we need foreign support to tackle the problem of scarcity of resources and we also need the effective consideration manner which can be attained with the export facility.
  • mutual dependency and co-operation is needed during the economic crisis and any foreign crisis can make the situation worse therefore political decisions are important.
  • therefore foreign policy is important aspect which should be considered appropriately while making any decision and political activity.

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