Public Management
axwrtthe formal and informal process of guiding human interaction toward public
organizational objectives.
Public Policy
axwrtThe action or inaction of government regarding a particular issue or set of issues. What
government does or purposely doesn't do.
Bureaucracy
axwr...
1930s great depression resulted in new deal programs.
Social welfare became socially acceptable.
1940s to 1960s President Johnson's war on poverty.
(also a need to build technologically advanced society)
Polarchys
axwrtGovernment controls means of production and relies heavily on coercive mechanisms of
command and control based on central.
Markets
axwrtBuyers and sellers particpate voluntary, prices determined based on amount that people
willing to pay.
Producers try to sell highest quality for lowest price.
Advantages and Disadvantages of Markets
axwrtAdvantages:
- Creates competing prices so people get the best product possible.
- Builds a strong economy
Disadvantage:
- Market failures (can't produce public goods)
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