Features of the Presidential System of Government

In a presidential system of government, the President is both the ceremonial and executive head of state. That is, the president combines the offices of Head of State and Head of Government at the same time. In this regard, the President performs a number of functions. In particular, he enforces all laws, serves as the Commander in Chief of the Armed Forces, appoints important political office holders and grants pardon and mercy to offenders.

Unemployment: Definition, Types, Causes, Effects & Concepts

Unemployment is a state of joblessness. An unemployed person is one who is available for work, is looking for work, but cannot find it. Unemployment means lack of employment. It is a mismatch in the labor market, where the supply of labor (by workers) is greater than the demand for labor (by companies).
Why Study Economics?

Why Study Economics?

Why Study Economics? - The study of economics assists individuals to be independent and be practical individuals. This is possible through the application of practical approaches to emerging issues and providing solutions to deny problems.