In: Economics
what is federalism and what are its pros and cons?
Federalism is defined as the system in which power is divided between the federal government and various State government or regional government.
In the federalism there are atleast 2 tier of government should be exhist and jurisdiction of each tier are well defined in the constitution.
Pros are
1-It safe the rights of people
2-The resources are distributed in very proper way between the central government and regional government.
3-Public participation is also increases in the federalism.
4-Due to federal structure it represents the diversity of the country.
5-Maintian good governance.
6-it prevent the tyranny.
7-it encourage to adopt a new innovative policy.
Cons are-
1-it can lead to confusion on the part of the citizens.
2-sometimes accountability or responsibility is not clear between federal and regional government.
3-it can lead to inequality between the states.
4-It can lead to conflict between the states.
5-Patriotism is also decreases.