Question

1. Given a chance to lead your chosen nation-state, are you going to uphold the socialist principles or of the liberals? And Why? Limit your answer in two (2) to three (3) main points/reasons.

2. As a leader and head of your state, how are you going to persuade your citizens to adopt a certain principle (you have selected in number 1)? What are the possible advantages that can you cite for their benefits? Provide at least 2 key ideas.

Answer 1

1) Choice made: If given a chance of leading the chosen nation state then , liberal ideas are better to be used than socialist ideas as it gives personal liberty to individuals to follow their own choices in all matters related to social, economical and political etc . spheres of life .

Reasons:

1) Less government intervention- This is required because more government involvement may hurt competitiveness of firms , which is not good for fair market practices.

2) Privatization: Privatization increase competition and quality of products , and due to more competitiveness, the cost of products decrease.

3) Democracy : Democracy offers people their choice of leaders to govern them so whatever policies are made, they are in favour and in accordance to the choice of citizens.

2)  Key ideas to promote the policies mentioned above :

A) Quoting the example of most developed economy i.e. USA , which is based on the concept of democracy and capitalism can allure the citizens of any country to live the rich life like Americans do. So they will agree to have policy changes that end up to make the country to sweep towards capitalisation.

B) Comparing and showing the growth of sectors under government and which are under the private players to the citizens of country , we can tell that private sectors are performing much better and with more profit . These statistics can be taken form the economic survey of a country .