According to Power Elite Theorists

question 2

Multiple Choice

According to power elite theorists:

• A) It is primarily through interest groups that we influence decision-making processes.
• B) Politics involve negotiation and compromise between competing groups.
• C) It is inevitable that a small group will rule societies.
• D) Multiple power centers offer the best chance to maintain democratic forms of government.

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Definitions:

Traveler's Check

A preprinted, fixed-amount check designed to allow the person signing it to make an unconditional payment to someone else as a result of having paid the issuer for that privilege.

Instrument

A formal document, especially one that legally records a fact, act, or agreement.

Enforceable Contract

A legally binding agreement that can be upheld and compelled in a court of law.

Negotiability

The quality of a financial instrument that allows it to be transferred from one party to another with minimal legal restrictions.