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2 years ago

What is the primary difference between hard money and soft money?

2 answers:

5 0

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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If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:

• 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

RUDIKE [14]2 years ago

4 0

Hard Money is given political parties , While soft money is given for voters education because Hard money is given in the form of political donations which are tightly regulated through federal election Commission and limits are been set up on the Amount of money that can be used as donations during Election campaign whereas Soft Money can be defined in the form of unregulated donations which are not subject to strict laws and made directly to political parties without any limitations for the voters education

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