Write a 100 word response for each one.
** There are 2 responses. Write a 100 word response for each one.
The correspondence principle is the jurisdiction that determines the level of provision of each public good includes precisely the set of individuals who consume the good. This principle uses the geographic extent of primary spillovers that defines a hierarchy of public services. There are many ranges of the benefit spillover. Some include services whose benefits do not spill beyond the local community which should be locally provided. Also services that benefit multiple communities should be provided by the state or region. And lastly, services that benefit the entire county should be nationally provided.
The principle of subsidiarity is a second general principle in assigning responsibility for government services. The principle of subsidiarity is where the government’s responsibility for a function should be at the lowest level of government that can deliver the function efficiently. This principle brings about devotion, which moves the government’s responsibility to lower levels of government. When this is done, it allows more participatory form of government, improves responsiveness and accountability, and ensures closer correspondence between quantity, composition, and quality of public goods and services and the preferences of recipients.
These two principles impact decisions regarding the level of government that should provide a service because they both imply a relatively small size for providing many government services. When making a decision on which level should provide the service, it all depends on the type of service it is needing and whether it is big or small. Once that is done, numbers are ran and then a decision is made.
The purpose of a well written debt management policy is to articulate your jurisdiction’s goals with respects to debt, enhance your ability to make decisions on issuing or entering into debt obligations, exhibit a commitment to long-term financial planning that will ensure fiscal prudence and financial stability, and (if issuing debt on the open market) demonstrate to rating agencies and lenders that your entity is well managed and therefore more likely to meet its debt obligations.
A successful debt management policy must consider when it is appropriate to use debt and for what purpose. Of equal importance is to clarify those circumstances in which your jurisdiction will not use debt.
Coming from a Christian viewpoint debt is awful but, it is hard to avoid. Christians don’t understand it very well. I have always been taught that debt is a form of slavery. According to Nehemiah 5: 3-5, “There were also those who said, ‘We are mortgaging our fields, our vineyards, and our houses to get grain because of the famine.’ And there were those who said, “We have borrowed money for the king’s tax on our fields and our vineyards. Now our flesh is as the flesh of our brothers, our children are as their children. Yet we are forcing our sons and our daughters to be slaves, and some of our daughters have already been enslaved, but it is not in our power to help it, for other men have our fields and our vineyards.” Debt is a way to control us which lenders know people are going to always need money. A good way to stay out of debt is not to borrow money or if a person cannot buy something straight out do not go in debt trying to make a large purchase.
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