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level 2 btec business unit 1 p4
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What is the European Union?The European Union is not run by the government but it's an international
organization where European leaders come together to discuss things involving
Europe and also changes they can do to improve Europe but in order to make
those changes in Europe the has to be a vote and decisions are made due to the
majority vote.
What is the Local Government?
The management of a certain county or region, with representatives elected by
those who live there.
The local government usually occupies the second or third level of government,
regularly with a bigger power than higher- level governmental divisions.
Local government generally act within powers delegated to them by legalisation
or directives of the higher level of government.
The national government
A national government is the government at the nation-state level. It is the
political organisation that maintains control of a nation. A national government is
also known as the central government. In October 1929 the Wall Street Crash
sent the US economy into turmoil. A worldwide economic depression followed.
The government tried to implement schemes to create employment, but
achieved very little.
Full Employment
A situation in which all available labour resources are being used in the most
economically efficient way. Full employment embodies the highest amount of
skilled and unskilled labour that could be employed within an economy at any
given time. The remaining unemployment is frictional.
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