Organizations That Collect and Distribute Voluntary Contributions from Special Interest

question 1

Multiple Choice

Organizations that collect and distribute voluntary contributions from special interest groups to further political goals of the groups is are called:

• A)Political Action Committees
• B)Social Interest Organizations
• C)Lobbying Action Groups
• D)Political Lobbying Committees

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Definitions:

Import Goods

These are products brought into one country from another for sale.

Scarce Factors

Resources that are limited in availability and are constraint to economic production.

Capital

Refers to financial assets or physical resources that are used in producing goods or providing services.

Absolute Advantage

The ability of an individual, company, or country to produce a good or service at a lower cost per unit than others.