ABSTRACT

This chapter describes the branches of the federal government. It discusses how business rules are made and enforced. The chapter explains the business-government relationship, public policy, and the types of economic public policies. It also describes how a bill becomes a law. The chapter also discusses political information strategies and message framing. It also explains the reasons for political campaign contributions, the role of political action committees, and the difference between hard and soft money. The chapter then discusses political parties, Congress, the lawmaking process, and the legislative process, and we present a review of some current laws. It presents a case study on the legalization of Marijuana. The three branches of government are the legislative, executive, and judicial. The three branches of government are the legislative, executive, and judicial. The three reasons for political campaign contributions are to affect outcomes of elections, to obtain access to officeholders, and to influence regulations.