Theodore Lowi's Theory of Interest-Group Liberalism

question 43

Multiple Choice

Theodore Lowi's theory of interest-group liberalism

• A)constitutes a partial and wrongful abdication by government of its authority over policy.
• B)argues that lawmakers are rightly prevented from using government to promote group interests.
• C)posits that interest groups result in an efficient use of society's resources.
• D)describes the effect of groups on policy,resulting in a system of rule by majorities.
• E)deals with the tendency of officials to support the policy demands of the interest group or groups that have a special stake in a policy.

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Definitions:

Economic Outcomes

The results or consequences of particular economic policies, decisions, or activities on the overall economy.

Pollution

Pollution denotes the introduction of harmful substances or products into the environment, leading to adverse effects on life and health.

Edgeworth Box

A diagram used in economics to show the efficient distribution of resources between two individuals or markets, based on their preferences and endowments.

Monopoly Power

It is the ability of a single seller or producer to control prices and total market output.