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Social Science: Money and Credit - Role of Money in an Economy

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How do money and muscle power play an important role in elections? Explain.

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Solution

Money’ and ‘Muscle Power’ play an important role in elections. Political parties are mainly focused towards winning the elections. To achieve this aim, they are at times willing to use any method, however unfair it may be. Political parties mainly nominate those candidates who can raise money for contesting elections or support those candidates with criminal backgrounds in order to win elections.

Concept: Role of Money in an Economy
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