Question

Can we rely on (special) interest groups, especially ones we personally support, or does the market...

Can we rely on (special) interest groups, especially ones we personally support, or does the market for new ideas need more regulation, or should the market rule?

Homework Answers

Answer #1

Answer. Special interest groups first orginated in USA. It is also called "vested groups". These groups are actually groups of people who are organised activley for promoting and defending their common interest. It can be beneficial to rely on (special) interest groups. That they can help society in many ways, democracy is the one. They can fight for ground level democrats. They can attempt to bring a change in the public policy by exerting pressure.

Biggest advantage of having it is that they are very different from the political parties in that they neither contest election nor try to capture political power. So, we should rely on interest groups. And if it is about market, I think, the market for new ideas need not be abandoned to rules and regulations. The capital should rule the state not politics. Leave the market free. It will already rule the capital and state by itself.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Central hypothesis: Special interest groups such as the Populists, labor unions, agriculturalists, and groups dedicated to...
Central hypothesis: Special interest groups such as the Populists, labor unions, agriculturalists, and groups dedicated to helping the individuals living in poverty help the economy prosper, on average, when they use federal power for redistributing income and wealth (taking the income earned by workers and giving it to others through government-sponsored programs). (Key words: Populists, special interest groups, command control, and agriculture) Counter-hypothesis: They do not. Data: Consult with Common Sense Economics (2016). What does the data on poverty rates...
Can you make any comments about this post, if you agree or dissagree? Interests groups provide...
Can you make any comments about this post, if you agree or dissagree? Interests groups provide their members with greater opportunities to participate effectively in the policy market. An example of the interest group tactics at work from the “Coalition Letter Requesting Changes to Meaningful Use for Greater Systems Interoperability," would be when the organization began to write a letter to express their immediate concerns. This letter reveals its author's interests in shaping this element of health policy and believes...
Instructions: In this course so far we have discovered stereotypes and how they can have an...
Instructions: In this course so far we have discovered stereotypes and how they can have an impact from the perspective of others. For this key assignment you will be conducting research and writing a paper on stereotypes and how they act as barriers to critical thinking. Please follow these guidelines and questions: Specifically you will be investigating and researching stereotypes that personally affect you or interest you. You could research stereotypes that affect you as a student, your gender, your...
On March 15, 2020, the U.S. Federal Reserve (the Fed) decided to further support the economy....
On March 15, 2020, the U.S. Federal Reserve (the Fed) decided to further support the economy. The Fed decided on expansionary monetary policy involving change interest rates (on savings and on loans). On March, 23, the Fed decided to purchase additional types of securities (in addition to the government securities that the Fed typically purchases when pursuing expansionary monetary policy). These additional purchases will put downward pressure on the interest rates on business loans and real estate loans (mortgages). The...
Personally reflect on how you as a supervisor/manager can apply the "takeaways" from these topics. According...
Personally reflect on how you as a supervisor/manager can apply the "takeaways" from these topics. According to Webster's dictionary, Ethics are an area of study that deals with ideas about what is good and bad behavior: a branch of philosophy dealing with what is morally right or wrong. Business Ethics is then the application of ethics to business practices and decision-making in business. You don't need to learn the difference between right and wrong ... but rather how to apply...
Problem Domain: We are a software development startup whose market has been to provide logistics for...
Problem Domain: We are a software development startup whose market has been to provide logistics for restaurants (ordering, table reservation, user reviews, order-ahead etc.) That was all pre-covid. Now with only 25% max capacity at restaurants, more ordering of remote services, the lack of a social dining/shopping experience for the most part, we need to adapt a solution to this area. Most of our customers (restaurants and food services) cannot sustain themselves or need help. We clearly are not a...
Analyze the market segmentation, which is explained in the market segmentation for business design below. Overview-...
Analyze the market segmentation, which is explained in the market segmentation for business design below. Overview- We are going to start a bakery business as I have my interest in bakery. This is going to be start-up business plan. The name of our Bakery would be “Bake It or Make It”. It would be managed by me along with my team of new bakers around the city. Opening a bakery at initial stage would involve a lot of investment and...
You represent ABC Corporation, a New Jersey S-corporation that has 3 shareholders, Abbey, Bobby and Charlie....
You represent ABC Corporation, a New Jersey S-corporation that has 3 shareholders, Abbey, Bobby and Charlie. Abbey and Bobby are domiciliaries of New York. Charlie is a domiciliary of New Jersey. Charlie owns an apartment in New York which he purchased as an investment. Charlie spends approximately 200 days in New York per year. ABC Corporation sells sporting goods and sporting good equipment throughout the United States. All purchase orders are processed in New Jersey and shipped from a distribution...
You are a consultant with deep expertise in how strategies based on new technological paradigms can...
You are a consultant with deep expertise in how strategies based on new technological paradigms can have an impact on organizations. You are called to give a talk to one of the largest car makers in the world. The company currently does not have capabilities in making self-driving cars powered by Artificial Intelligence. They have decided to make big investments in the area. They have acquired four technology companies to provide the underlying technologies and are making very large investments...
In a free market economy: a. government has no economic role b. government ensures that resources...
In a free market economy: a. government has no economic role b. government ensures that resources are used efficiently c. less new ideas will be generated than in a centrally planned economy d. bad ideas will quickly be abandoned because of the competitive process In order for a nation to trade according to comparative advantage: a. governments must subsidize domestic companies b. its government must direct producers to their comparative advantage c. its government must restrict imports in order to...