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In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

In a representative democracy it only makes sense to have more votes per state when that state has a greater population (this why larger states in the US get more electoral votes). If each state only had the same fixed number of votes- that would no longer represent the people and population...

Equity has the greater risk. Debt positions are high up on the 'food chain' to get repaid if the company goes bust, equity positions are makes people/institutions owners. If a company goes bust, the owner is usually not compensated by remaining assets/ accounts payable/ bank accounts- whatever...