Economical and Political System

Economical and Political System

Political system

In America, the executive power is held by the president, elected for a term of four years by indirect universal suffrage as well as a Vice President. The departments responsible for the executive are: the Office of Management and Budget, which prepares budgets and control spending, the National Security Council, which is responsible for national defense, and the Council of Economic Advisers, which advises the President on economic matters. The legislative power is held by Congress, composed of two chambers: the Senate (100 members), which represents the states (two senators per state), and the House of Representatives (435 members), which represents the population. Senators are elected for six years by direct universal suffrage by third renewable every two years. However, on the other hand, The Indian Constitution of 1950 is one of the longest and detailed worlds. It establishes a parliamentary system. The head of state is the president, elected for a five-year term by an electoral college consisting of members of both Houses of Parliament and the legislatures of the States and Union Territories. He has a moral authority, and its role is largely symbolic. Executive power is exercised by the Prime Minister, who is usually the leader of the majority party in the Upper House. The Prime Minister and his government are accountable to Parliament.

Legal system

The United States is a federal republic presidential-style. American experience and the United Federation maintain different spheres of competence, the boundaries of which, however, have never been made sufficiently rigid and absolute. The best summary of the division of powers between states and the Federation is probably contained in the tenth amendment to the Constitution, according to which the powers that are not expressly granted to the Federal Government and which are not subtracted from the Constitution itself to the jurisdiction of individual states, are reserved to the latter. Whereas, The legal system of India has exceptional originality, representing the mixture and the coexistence of different legal cultures, reflecting the constant change of rulers over the centuries-old history of the country and multi-religious nature of modern Indian society. Unified Indian legal culture and legal system does not exist. Most of its branches were formed under the influence of English law during the period of British rule; these industries together form a nationwide right of the Indian state. In this regard, it can be argued that India is ...