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Although Powerful, Business Interests Do Not Always Get Their Way

question 18

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Although powerful, business interests do not always get their way in the political system. What are the factors that explain this phenomenon?


Definitions:

Income Equality

A measure or concept where everyone has the same income or very similar incomes, minimizing the gap between the wealthy and the poor.

Tax-Transfer Program

Government initiatives designed to redistribute income through the tax system, often aiming to reduce poverty.

Economic Equality

A state in which individuals or groups within a society have similar economic conditions, including access to resources, opportunities, and outcomes.

Income Inequality

The unequal distribution of income and wealth across individuals or groups within a society, often measured using tools like the Gini coefficient.

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