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Parliament Act
The Parliament Acts 1911 and 1949 are two Acts of the Parliament of the United Kingdom, which form part of the constitution of the United Kingdom. Section 2(2) of the Parliament Act 1949 provides that the two Acts are to be construed as one. The Parliament Act 1911 (1 & 2 Geo. 5. c. 13) asserted the supremacy of the House of Commons by limiting the legislation-blocking powers of the House of Lords (the ''suspensory veto''). Provided the provisions of the Act are met, legislation can be passed without the approval of the House of Lords. Additionally, the 1911 Act amended the Septennial Act 1716 to reduce the maximum life of a Parliament from seven years to five years. The Parliament Act 1911 was amended by the Parliament Act 1949 (12, 13 & 14 Geo. 6. c. 103), which further limited the power of the Lords by reducing the time that they could delay bills, from two years to one. (SN/PC/00675) (last updated 24 February 2014, in PDF format, 29 pages) The Parliament Acts have b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parliament Act 1949
The Parliament Act 1949 (12, 13 & 14 Geo. 6 c. 103) is an Act of the Parliament of the United Kingdom. It reduced the power of the House of Lords to delay certain types of legislation – specifically public bills other than money bills – by amending the Parliament Act 1911. This Act is interpreted as one with the Parliament Act 1911. This Act, and that Act, may be cited together as the " Parliament Acts 1911 and 1949". Parliament Act 1911 The 1911 Act placed the relationship between the House of Commons and House of Lords on a new footing, removing the power of the Lords to veto money bills. Other public bills could be delayed for up to two years. This two-year period meant that legislation introduced in the fourth or fifth years of a parliament could be delayed until after the next election, which could prove an effective measure to prevent its being passed. Specifically, two years had to elapse between the second reading in the House of Commons in the first sessi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liberal Party (UK)
The Liberal Party was one of the two Major party, major List of political parties in the United Kingdom, political parties in the United Kingdom, along with the Conservative Party (UK), Conservative Party, in the 19th and early 20th centuries. Beginning as an alliance of Whigs (British political party), Whigs, free trade–supporting Peelites and reformist Radicals (UK), Radicals in the 1850s, by the end of the 19th century it had formed four governments under William Ewart Gladstone, William Gladstone. Despite being divided over the issue of Irish Home Rule Movement, Irish Home Rule, the party returned to government in 1905 and won a landslide victory in the 1906 United Kingdom general election, 1906 general election. Under Prime Minister of the United Kingdom, prime ministers Henry Campbell-Bannerman (1905–1908) and H. H. Asquith (1908–1916), the Liberal Party passed Liberal welfare reforms, reforms that created a basic welfare state. Although Asquith was the Leader of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Labour Party (UK)
The Labour Party is a political party in the United Kingdom that has been described as an alliance of social democrats, democratic socialists and trade unionists. The Labour Party sits on the centre-left of the political spectrum. In all general elections since 1922, Labour has been either the governing party or the Official Opposition. There have been six Labour prime ministers and thirteen Labour ministries. The party holds the annual Labour Party Conference, at which party policy is formulated. The party was founded in 1900, having grown out of the trade union movement and socialist parties of the 19th century. It overtook the Liberal Party to become the main opposition to the Conservative Party in the early 1920s, forming two minority governments under Ramsay MacDonald in the 1920s and early 1930s. Labour served in the wartime coalition of 1940–1945, after which Clement Attlee's Labour government established the National Health Service and expanded the welfa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minority Government
A minority government, minority cabinet, minority administration, or a minority parliament is a government and Cabinet (government), cabinet formed in a parliamentary system when a political party or Coalition government, coalition of parties does not have a majority of overall seats in the legislature. It is sworn into office, with or without the formal support of other parties, enabling a government to be formed. Under such a government, legislation can only be passed with the support or consent of enough other members of the legislature to provide a majority, encouraging multi-partisanship. In Bicameralism, bicameral legislatures, the term relates to the situation in the chamber whose confidence is considered most crucial to the continuance in office of the government (generally, the lower house). A minority government tends to be much less stable than a majority government because if they can unite for a purpose, opposing parliamentary members have the numbers to vote against ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hung Parliament
A hung parliament is a term used in legislatures primarily under the Westminster system to describe a situation in which no single political party or pre-existing coalition (also known as an alliance or bloc) has an absolute majority of legislators (commonly known as members or seats) in a parliament or other legislature. This situation is also known as a balanced parliament, or as a legislature under no overall control (NOC), and can result in a minority government. The term is irrelevant in multi-party systems where it is rare for a single party to hold a majority. In the Westminster system, in the absence of a clear majority, no party or coalition has an automatic mandate to assume control of the executive — a status usually known in parliamentary systems as "forming (a) government". It is possible that an absolute majority may still be gained through the formation of a new coalition government, or the addition of previously unaffiliated members to a pre-existing coalit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
January 1910 United Kingdom General Election
The January 1910 United Kingdom general election was held from 15 January to 10 February 1910. The government called the election in the midst of a constitutional crisis caused by the rejection of the People's Budget by the Conservative-dominated House of Lords, in order to get a mandate to pass the budget. The general election resulted in a hung parliament, with the Conservative Party led by Arthur Balfour and their Liberal Unionist allies receiving the most votes, but the Liberals led by H. H. Asquith winning the most seats, returning two more MPs than the Conservatives. Asquith's government remained in power with the support of the Irish Parliamentary Party, led by John Redmond. Another general election was soon held in December. The Labour Party, led by Arthur Henderson, returned 40 MPs. Much of this apparent increase (from the 29 Labour MPs elected in 1906) came from the defection, a few years earlier, of Lib Lab MPs from the Liberal Party to Labour. Results ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Imports
An import is the receiving country in an export from the sending country. Importation and exportation are the defining financial transactions of international trade. In international trade, the importation and exportation of goods are limited by import quotas and mandates from the customs authority. The importing and exporting jurisdictions may impose a tariff (tax) on the goods. In addition, the importation and exportation of goods are subject to trade agreements between the importing and exporting jurisdictions. History Definition Imports consist of transactions in goods and services to a resident of a jurisdiction (such as a nation) from non-residents. The exact definition of imports in national accounts includes and excludes specific "borderline" cases. Importation is the action of buying or acquiring products or services from another country or another market other than own. Imports are important for the economy because they allow a country to supply nonexistent, scarc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tariff
A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. ''Protective tariffs'' are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Taxing imports means people are less likely to buy them as they become more expensive. The intention is that they buy local products instead, boosting their country's economy. Tariffs therefore provide an incentive to develop production and replace imports with domestic products. Tariffs are meant to reduce pressure from foreign competition and reduce th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conservative Party (UK)
The Conservative Party, officially the Conservative and Unionist Party and also known colloquially as the Tories, is one of the Two-party system, two main political parties in the United Kingdom, along with the Labour Party (UK), Labour Party. It is the current Government of the United Kingdom, governing party, having won the 2019 United Kingdom general election, 2019 general election. It has been the primary governing party in Britain since 2010. The party is on the Centre-right politics, centre-right of the political spectrum, and encompasses various ideological #Party factions, factions including One-nation conservatism, one-nation conservatives, Thatcherism, Thatcherites, and traditionalist conservatism, traditionalist conservatives. The party currently has 356 Member of Parliament (United Kingdom), Members of Parliament, 264 members of the House of Lords, 9 members of the London Assembly, 31 members of the Scottish Parliament, 16 members of the Senedd, Welsh Parliament, 2 D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henry George
Henry George (September 2, 1839 – October 29, 1897) was an American political economist and journalist. His writing was immensely popular in 19th-century America and sparked several reform movements of the Progressive Era. He inspired the economic philosophy known as Georgism, the belief that people should own the value they produce themselves, but that the economic value of land (including natural resources) should belong equally to all members of society. George famously argued that a single tax on land values would create a more productive and just society. His most famous work, ''Progress and Poverty'' (1879), sold millions of copies worldwide. The treatise investigates the paradox of increasing inequality and poverty amid economic and technological progress, the business cycle with its cyclic nature of industrialized economies, and the use of rent capture such as land value tax and other anti-monopoly reforms as a remedy for these and other social problems. Other works by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Land Tax
A land value tax (LVT) is a levy on the value of land without regard to buildings, personal property and other improvements. It is also known as a location value tax, a point valuation tax, a site valuation tax, split rate tax, or a site-value rating. Land value taxes are generally favored by economists as they do not cause economic inefficiency, and reduce inequality. A land value tax is a progressive tax, in that the tax burden falls on land owners, because land ownership is correlated with wealth and income. The land value tax has been referred to as "the perfect tax" and the economic efficiency of a land value tax has been accepted since the eighteenth century. Economists since Adam Smith and David Ricardo have advocated this tax because it does not hurt economic activity or discourage or subsidize development. LVT is associated with Henry George, whose ideology became known as Georgism. George argued that taxing the land value is most logical source of public revenue becau ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Lloyd George
David Lloyd George, 1st Earl Lloyd-George of Dwyfor, (17 January 1863 – 26 March 1945) was Prime Minister of the United Kingdom from 1916 to 1922. He was a Liberal Party politician from Wales, known for leading the United Kingdom during the First World War, social reform policies including the National Insurance Act 1911, his role in the Paris Peace Conference, and negotiating the establishment of the Irish Free State. Early in his career, he was known for the disestablishment of the Church of England in Wales and support of Welsh devolution. He was the last Liberal Party prime minister; the party fell into third party status shortly after the end of his premiership. Lloyd George was born on 17 January 1863 in Chorlton-on-Medlock, Manchester, to Welsh parents. From around three months of age he was raised in Pembrokeshire and Llanystumdwy, Caernarfonshire, speaking Welsh. His father, a schoolmaster, died in 1864, and David was raised by his mother and her shoemaker brot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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