Political parties can recive certain funds from business and organizations that are not regulatrd by the federal election commission. These funds are know as

Question

Social Studies

Bailey Richmond

6 December, 14:02

Political parties can recive certain funds from business and organizations that are not regulatrd by the federal election commission. These funds are know as

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Answers (1)

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Jase · Answer 1

Answer: Soft money is the type of funds which are not regulated by the federal election commission when the political parties receive funds from business and organizations.

Explanation:

Federal Election Commission (FEC) has the sole responsibility to monitor the operations of polling during campaigning activities of all the political parties. All political parties of the US nation have to incur huge expenses to propagate the party agenda as well as objectives in the time of the public campaign. But FEC has categorized the type of funds that can be sourced by the political parties.

Hard money is the source of funds that are audited properly and regulated by the FEC. While Soft money is also the source of funds that do not have appropriate accountability and also not fully regulated by the FEC. Soft money is fully sponsored by the corporate ventures to the political parties to get their support in time of need during the phase of political emergency requirement.