Participatory Democracy and Modernization Theory

ECO 356 Spring 2021 February 25, 2021
Quiz 2
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YourName EarlySection Quiz2    If a majority vote selects school expenditures, then most voters in the school district will be perfectly happy with the selected amount of spending.  Do you agree with this statement? Provide theoretical support for your position. I agree that if the majority votes select school expenditures, most voters in the school district will be perfectly happy with the amount of spending. When making decisions, compromise, in many cases, has to go for the majority. The government makes some fiscal choices base don public demands in regards to goods and services. Individual input in a matter is one way of participation, and the government through respective bodies will always refer to making decisions based on individuals needs. Suppose the majority of the voters are for a given action. In that case, the government will ensure that it prioritizes the given aspects that will make most public happy. The median voter theorem is proof of this. The median voter theorem states that at all times, a majority rule voting system will favour the outcome most preferred by the median voter. Political leaders will always ensure that they come up with the decisions that will tend to be accepted by median voters. Decisions are thus made in regards to the level of happiness that it will derive to the public. Thus, passing school expenditure based on the majority is a key aspect that individuals look at when passing aspects such as resource allocation. Participatory democracy has a role in determining the public's choice of goods by a local government.  Please define "participatory democracy" using an example of when this may happen when you vote. Why is it significant? What economic theory supports this and why?   Does it increase the likelihood that eligible voters will act accordingly? Why or why not? Participatory democracy is derived from participation. Participation is described as the act of being part of a given action. Participatory democracy is concerned with citizens taking part in decision-making by participating in those actions that affect them directly or indirectly. Governments engaging their citizens in decision making ensures that in the long run ensures that there is democracy. Participatory democracy in a local government could be demolishing a block to build a school playground. This would need participation, ensuring that in the long run that the decision taken is one that the community agrees to and supports. Modernization theory is an economic theory that advocates for participation. Based on the theory, society will tend to grow based on an individual’s participation. Participatory democracy's main aim is to ensure that the citizens can decide on proposals while the government and politicians apply the given recommendations. Participatory democracy plays a key role in voters and their likelihood to act accordingly. When voters are part of the decision-making process, they will ensure that they make recommendations that will be beneficial to the community at any given time. The participatory decision ensures that local individuals make decisions regarding how it will affect the local population. People feel like part of the decision-making process and will thus ensure that they, at any given time, participate in the decision-making process as their opinions are noted.   As we discussed, demographics & migration are significant elements of State and Local finance.  These impacts can be realized in both the short and long term.  Please describe how migration trends can impact a state or local...