The primary difference between hard money and soft money is that hard money is given directly to political campaigns, while soft money is given to political parties for "voter education." The difference falls down to a few important words and one administrative decision.
EXPLANATION:
In the modest terms, "hard money" comes from political contributions regulated by law through the Federal Election Commission. Whereas, "soft money" is money bestowed to political parties in a way that makes unregulated contributions.
The Federal Election Commission released an administrative decision that funding rules founded by law only implemented to political campaigns, and not for "party building" activities in 1978. The Commission did not explain in detail what constituted party building activities, basically describing it as something that did not openly tell people to vote for a particular candidate. The verdict was issued, and political parties consistently disregarded it until 1988. In the 1988 presidential campaign, people who work for the two major parties found a "gap" generated by the 1978 ruling, and the race for soft money continued.
Because soft money is not controlled by election laws, companies, trade unions, and individuals can make any contribution to political parties for the reason of "party building." Party building can include advertisements that educate voters about the problem, as long as the advertisements do not take important steps to tell voters which candidates will be chosen.
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• What is the primary difference between hard money and soft money? brainly.com/question/10558583
KEYWORDS : the difference between hard money and soft money, hard money, soft money
Subject : Social Studies
Class : 10-12
Sub-Chapter : Types of Money
