effects of election on economy
TRANSCRIPT
HOW DO
ELECTIONS
AFFECT
OUR ECONOMY?
WHAT IS ELECTION ?
Election is a standard decision making process where citizens choose an individual to hold public office.
It reflects the modern system of democracy.
Elections may fill offices in:
Executive Legislature Judiciary
An Economy is the state of a region in terms of PRODUCTION & CONSUMPTION of GOODS & SERVICES and the supply of MONEY.
It is a set of processes involving culture values, education, technological evolution, history, social organisation, political structure and Legal systems.
Election expenditure by year
19521957
19771980
19891991
19961998
19992009
20140
500
1000
1500
2000
2500
3000
3500
4000
Total Expenditure
Total Expenditure
The economy typically slows down ahead of elections.
PRE AND POST ELECTION EFFECT ON ECONOMY
The slowdown in investment and economic activity.
Government spending went up in an average election year.
